California Democratic lawmakers are fast-tracking a bill aiming to crack down on resellers of stolen goods.
SACRAMENTO, Calif. — A California bill that would require marketplaces like eBay and Nextdoor to start collecting bank accounts and tax identification numbers from high-volume sellers who advertise online but collect payments offline is being fast-tracked by Democratic lawmakers with committees voting on it Tuesday.
Proponents, including district attorneys and some big box retailers, said the data collection proposal would shut down organized theft rings seeking to resell stolen goods and would close a loophole in existing laws that don’t require platforms to track offline transactions. “This is basically going to force businesses out of California,” said David Edmonson of TechNet, a technology advocacy group. “I imagine most sellers will have to think long and hard about whether or not they want to provide that information to the online marketplace just to be able to sell, you know, household products.”
Opponents say the measure also runs contrary to a federal law that went into effect last July, which requires online marketplaces like Amazon to verify high-volume sellers on their platforms as part of an effort to tamp down the amount of goods being stolen from brick-and-mortar stores and resold online.
Democratic California state Sen. Nancy Skinner, who authored the measure, said law enforcement needs the tool to go after professional reseller schemes. Online marketplaces are also already collecting information from users through the privacy policy they have to agree to in order to use the platforms in the first place, she added.
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California lawmakers fast-track bill that would require online sellers to verify their identityCalifornia Democratic lawmakers are fast-tracking a bill aiming to crack down on resellers of stolen goods.
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