IL, US · AI law tracker
HB4248 — IL, US
HB4248 is an AI governance legislation from IL, currently introduced. Illinois HB4248 introduces proposed requirements concerning algorithmic price transparency [1]. AIGI tracks 1 primary-source update on this bill, sourced directly from the issuing authority.
Status & timeline
- Regulatory stage
- introduced
- Authority / governing body
- Illinois General Assembly
- Chamber
- HB
- Document type
- legislation
Next deadline: No fixed deadline — in legislative review.
Subscriber only
Enforcement risk score
0
/ 100
Hypothetical or aspirational; no enforcement signal yet.
Intelligence briefs (1)
legislation
Illinois HB4248 Seeks Algorithmic Price Transparency
Illinois HB4248 introduces proposed requirements concerning algorithmic price transparency [1].
This initiative signals a potential expansion of AI transparency obligations into pricing algorithms, affecting consumer protection and fair competition.
Deadline: No fixed deadline — in legislative review.
Primary source →Frequently asked questions
- What is HB4248?
- Illinois House Bill 4248, currently under legislative review by the Illinois General Assembly, introduces proposed requirements related to algorithmic price transparency [1]. This legislative development represents an initiative to potentially regulate the use of algorithms in determining prices for goods and services. The bill's status is being tracked, indicating it is in an early stage of the legislative process. Primary source →
- Why does HB4248 matter?
- This initiative signals a potential expansion of AI transparency obligations into pricing algorithms, affecting consumer protection and fair competition. Primary source →
- Who does HB4248 affect?
- Organizations that utilize algorithmic pricing models across sectors such as e-commerce, ride-sharing, financial services, and retail could be within the potential scope of this legislation. Deployer profiles include businesses that dynamically adjust prices based on real-time data inputs and machine learning algorithms. This affects operations primarily within Illinois if enacted, and may influence business functions related to product pricing, legal compliance, and consumer relations. Primary source →
- What are the key dates for HB4248?
- No fixed deadline — in legislative review. Primary source →
- What is the current status of HB4248?
- As of the last published update, HB4248 is at the "introduced" stage. Primary source →
- Where can I find the primary source for HB4248?
- The primary source for the most recent update is at https://www.ilga.gov/Legislation/BillStatus?DocNum=4248&GAID=18&DocTypeID=HB&LegId=164720&SessionID=114. AIGI publishes the full citation chain plus every approved brief on this bill. Primary source →
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