IL, US · AI law tracker
HB4717 — IL, US
HB4717 is an AI governance legislation from IL, currently introduced. House Bill 4717 proposes new disclosure requirements pertaining to algorithmic pricing within the state of Illinois [1]. AIGI tracks 1 primary-source update on this bill; the most recent was published on 2024-06-14.
Status & timeline
- Regulatory stage
- introduced
- Authority / governing body
- Illinois General Assembly
- Chamber
- HB
- Document type
- legislation
Next deadline: No fixed deadline — current bill status is 'introduced'.
Subscriber only
Full obligation matrix
| Actor | Obligation | Deadline | Source |
|---|---|---|---|
| deployer | Disclose the use of algorithmic pricing to consumers. | — | — |
Subscriber only
Enforcement risk score
Announced regulation; enforcement footprint still forming.
Subscriber only
Role-based compliance checklist
- compliance_officer Track legislative developments of IL HB4717 related to algorithmic pricing.
- general_counsel Assess potential legal implications of mandated algorithmic pricing disclosure for current business practices.
Subscriber only
Vendor impact assessment
- Vendor risk class
- medium
- Procurement categories
- other
Vendors supplying algorithmic pricing solutions will need to ensure their systems can support clients in meeting potential disclosure requirements.
Sample vendor questions
- Does your algorithmic pricing software provide functionality for transparent disclosure to consumers?
- How does your software facilitate compliance with potential algorithmic pricing disclosure laws?
- Can your system be configured to provide audit trails of pricing decisions made by algorithms?
Intelligence briefs (1)
Illinois HB4717: Algorithmic Pricing Disclosure Bill Introduced
House Bill 4717 proposes new disclosure requirements pertaining to algorithmic pricing within the state of Illinois [1].
This signals expanding legislative interest in the transparency of AI-driven pricing mechanisms, a growing area of regulatory scrutiny.
Deadline: No fixed deadline — current bill status is 'introduced'.
Primary source →Frequently asked questions
- What is HB4717?
- The Illinois General Assembly has introduced House Bill 4717 (HB4717), titled "ALGORITHMIC PRICING DISCLOSURE" [1]. This legislative development signals potential future requirements regarding the transparency of algorithmic systems used in setting consumer prices. The bill's status is currently tracked by the Illinois General Assembly [2], indicating it is in the early stages of the legislative process. Primary source →
- Why does HB4717 matter?
- This signals expanding legislative interest in the transparency of AI-driven pricing mechanisms, a growing area of regulatory scrutiny. Primary source →
- Who does HB4717 affect?
- Organizations deploying algorithmic pricing models for goods and services sold to consumers in Illinois are within scope. This includes sectors such as e-commerce, retail, and various service industries that leverage automated systems to dynamically adjust prices. Deployers utilizing complex algorithms that influence consumer costs may need to monitor this legislation for its potential impact on operational transparency. Primary source →
- What are the key dates for HB4717?
- No fixed deadline — current bill status is 'introduced'. Primary source →
- What is the current status of HB4717?
- As of the last published update, HB4717 is at the "introduced" stage. Primary source →
- Where can I find the primary source for HB4717?
- The primary source for the most recent update is at https://www.ilga.gov/Legislation/BillStatus?DocNum=4717&GAID=18&DocTypeID=HB&LegId=165753&SessionID=114. AIGI publishes the full citation chain plus every approved brief on this bill. Primary source →
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