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Description

Introduction of Algorithmic Accountability Act of 2022 in US House and Senate

On 3 February 2022, the Algorithmic Accountability Act of 2022 (HR 6580 ) is introduced in the United States Senate and House of Representatives simultaneously. The Bill aims to address the safety risks, bias, unintentional errors and flawed design choices reported from the use of automated systems. The Bill would require companies to conduct a risk assessment to determine the impact of automating critical decision-making processes and to report the findings to the Federal Trade Commission (FTC). Furthermore, the Bill would require the FTC to publish guidelines regarding the risk assessment and reporting, issue an annual report on trends of automation and create a public database to enable consumers to verify which critical decisions have been automated.

Original source

Scope

Policy Area
Other operating condition
Policy Instrument
Algorithm design and technical standards
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2022-02-03
under deliberation

On 3 February 2022, the Algorithmic Accountability Act of 2022 (HR 6580 ) is introduced in the Unit…

Key regulatory dimensions

Regulated subjects

The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type Private organisation
Economic activity cross-cutting
Category All
2
Type Private organisation
Economic activity cross-cutting
Category All

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.
algorithm: ML/AI optimisation algorithm incl. matching, ranking, sorting: operate
Regulatory tool
Risk or other impact assessment requirement
Regulator reporting requirement
Sanctions
Regulated subjects
1 2

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.

algorithm: ML/AI optimisation algorithm incl. matching, ranking, sorting: operate