The "Terms-of-service Labeling, Design, and Readability Act" ("TLDR Act") is introduced in the U.S. House of Representatives on 13 January 2022. Its counterpart was simultaneously being introduced in the U.S. Senate. The Act requires the Federal Trade Commission to issue a rule that requires every commercial online website or service, with exceptions only made for small businesses, to create a short "summary statement" of their terms of service. As part of the "summary statement", the site would also have to inform users of recent data breaches and on the sensitive data the site collects. Particularly, the summary statement shall contain "graphic data flow diagrams". The full terms of service must be available in an "interactive data format", in which pieces of information are identified using an interactive data standard.
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