HB 4061

Abstract

Creates the Online Marketplace Seller Act. Provides that an operator of a marketplace may not require a marketplace seller to adjudicate a claim arising out of an agreement between the marketplace seller and the operator of the marketplace outside of this State and may not gather, obtain, collect, or store the business data of a marketplace seller for the purposes of sales, marketing, pricing, or other business decisions regarding sales of services or tangible personal property to be made by the operator of the marketplace. Provides that if a marketplace decides to suspend or terminate a marketplace seller, 30 days prior to the termination, the marketplace shall provide the marketplace seller with a written statement of reasons for that decision. Provides that a marketplace may suspend or terminate a marketplace seller without notice if the marketplace seller engages in conduct or business practices that the marketplace reasonably deems fraudulent or injurious to public safety.