(1) COLLECTION.— 
(A) IN GENERAL.—An online marketplace 
shall require any high-volume third party seller 
on such online marketplace’s platform to pro-
vide, not later than 10 days after qualifying as 
a high-volume third party seller on the plat-
form, the following information to the online 
marketplace: 
(i) BANK ACCOUNT.— 
(I) IN
GENERAL.—A bank ac-
count number, or, if such seller does 
not have a bank account, the name of 
the payee for payments issued by the 
online marketplace to such seller. 
(II) PROVISION
OF
INFORMA-
TION.—The bank account or payee in-
formation required under subclause 
(I) may be provided by the seller in 
the following ways: 
(aa) To the online market-
place. 
(bb) To a payment processor 
or other third party contracted 
by the online marketplace to 
maintain such information, pro-
VerDate Sep 11 2014 
02:11 Oct 08, 2021
Jkt 029200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H5502.IH
H5502
pbinns on DSKJLVW7X2PROD with BILLS
vided that the online marketplace 
ensures that it can obtain such 
information on demand from 
such payment processor or other 
third party. 
(ii) CONTACT INFORMATION.—Contact 
information for such seller as follows: 
(I) With respect to a high-volume 
third party seller that is an individual, 
the individual’s name. 
(II) With respect to a high-vol-
ume third party seller that is not an 
individual, one of the following forms 
of contact information: 
(aa) A copy of a valid gov-
ernment-issued identification for 
an individual acting on behalf of 
such seller that includes the indi-
vidual’s name. 
(bb) A copy of a valid gov-
ernment-issued record or tax doc-
ument that includes the business 
name and physical address of 
such seller. 
VerDate Sep 11 2014 
02:11 Oct 08, 2021
Jkt 029200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H5502.IH
H5502
pbinns on DSKJLVW7X2PROD with BILLS
(iii) TAX ID.—A business tax identi-
fication number, or, if such seller does not 
have a business tax identification number, 
a taxpayer identification number. 
(iv) WORKING
EMAIL
AND
PHONE 
NUMBER.—A current working email ad-
dress and phone number for such seller. 
(B) NOTIFICATION OF CHANGE; ANNUAL 
CERTIFICATION.—An 
online 
marketplace 
shall— 
(i) periodically, but not less than an-
nually, notify any high-volume third party 
seller on such online marketplace’s plat-
form of the requirement to keep any infor-
mation collected under subparagraph (A) 
current; and 
(ii) require any high-volume third 
party seller on such online marketplace’s 
platform to, not later than 10 days after 
receiving the notice under clause (i), elec-
tronically certify that— 
(I) the seller has provided any 
changes to such information to the 
online 
marketplace, 
if 
any 
such 
changes have occurred; 
VerDate Sep 11 2014 
02:11 Oct 08, 2021
Jkt 029200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H5502.IH
H5502
pbinns on DSKJLVW7X2PROD with BILLS
(II) there have been no changes 
to such seller’s information; or 
(III) such seller has provided any 
changes to such information to the 
online marketplace. 
(C) SUSPENSION.—In the event that a 
high-volume third party seller does not provide 
the information or certification required under 
this paragraph, the online marketplace shall, 
after providing the seller with written or elec-
tronic notice and an opportunity to provide 
such information or certification not later than 
10 days after the issuance of such notice, sus-
pend any future sales activity of such seller 
until such seller provides such information or 
certification. 
(2) VERIFICATION.— 
(A) IN GENERAL.—An online marketplace 
shall— 
(i) verify the information collected 
under paragraph (1)(A) not later than 10 
days after such collection; and 
(ii) verify any change to such informa-
tion not later than 10 days after being no-
VerDate Sep 11 2014 
02:11 Oct 08, 2021
Jkt 029200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H5502.IH
H5502
pbinns on DSKJLVW7X2PROD with BILLS
tified of such change by a high-volume 
third party seller under paragraph (1)(B). 
(B) PRESUMPTION OF VERIFICATION.—In 
the case of a high-volume third party seller that 
provides a copy of a valid government-issued 
tax document, any information contained in 
such document shall be presumed to be verified 
as of the date of issuance of such document. 
(3) DATA
USE
LIMITATION.—Data collected 
solely to comply with the requirements of this sec-
tion may not be used for any other purpose unless 
required by law. 
(4) DATA SECURITY REQUIREMENT.—An online 
marketplace shall implement and maintain reason-
able security procedures and practices, including ad-
ministrative, physical, and technical safeguards, ap-
propriate to the nature of the data and the purposes 
for which the data will be used, to protect the data 
collected to comply with the requirements of this 
section from unauthorized use, disclosure, access, de-
struction, or modification. 
(b) DISCLOSURE REQUIRED.— 
(1) REQUIREMENT.— 
(A) IN GENERAL.—An online marketplace 
shall— 
VerDate Sep 11 2014 
02:11 Oct 08, 2021
Jkt 029200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H5502.IH
H5502
pbinns on DSKJLVW7X2PROD with BILLS
(i) require any high-volume third 
party seller with an aggregate total of 
$20,000 or more in annual gross revenues 
on such online marketplace, and that uses 
such online marketplace’s platform, to pro-
vide the information described in subpara-
graph (B) to the online marketplace; and 
(ii) disclose the information described 
in subparagraph (B) to consumers in a 
clear and conspicuous manner— 
(I) in the order confirmation 
message or other document or com-
munication made to a consumer after 
a purchase is finalized; and 
(II) in the consumer’s account 
transaction history. 
(B) INFORMATION
DESCRIBED.—The in-
formation described in this subparagraph is the 
following: 
(i) Subject to paragraph (2), the iden-
tity of the high-volume third party seller, 
including— 
(I) the full name of the seller, 
which may include the seller name or 
seller’s company name, or the name 
VerDate Sep 11 2014 
02:11 Oct 08, 2021
Jkt 029200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H5502.IH
H5502
pbinns on DSKJLVW7X2PROD with BILLS