Requires personalized algorithmic pricing providers to disclose their use of personalized pricing and the personal data involved. Directs the Attorney General to enforce compliance, including issuing cease-and-desist orders and seeking injunctions for violations.
Analysis summaries, actor details, and coverage mappings were LLM-classified and may contain errors.
This is a binding state statute with mandatory disclosure requirements, enforcement mechanisms including cease-and-desist orders and injunctions, and civil penalties up to $1,000 per violation enforced by the Attorney General.
The document has minimal coverage of approximately 3-4 subdomains, with primary focus on privacy compromise (2.1), unfair discrimination (1.1), and lack of transparency (7.4). Coverage is concentrated in privacy, fairness, and transparency domains related to personalized algorithmic pricing practices.
The document governs personalized algorithmic pricing across multiple consumer-facing sectors. It has broad applicability to any entity using algorithmic pricing with personal data in consumer transactions, with particular relevance to Trade/Transportation/Utilities (including for-hire vehicles), Information (e-commerce platforms), and potentially Finance and Insurance, Accommodation and Food Services, and other consumer-facing industries.
The document primarily covers the Deploy and Operate and Monitor stages of the AI lifecycle, focusing on disclosure requirements for deployed personalized algorithmic pricing systems and ongoing consumer notification obligations. It does not address earlier stages like planning, data collection, or model development.
The document explicitly mentions algorithms used for personalized pricing but does not reference AI models, AI systems, or any specific AI categories (frontier, general purpose, task-specific, foundation models, generative, or predictive AI). It focuses on algorithmic pricing without detailed AI technical specifications or compute thresholds.
New York State Senate; New York State Legislature
The document is a New York Senate Bill (S3008C), indicating it was proposed by the New York State Legislature through the Senate.
Attorney General of New York
The Attorney General of New York is explicitly designated as the enforcement authority with power to issue cease-and-desist letters, seek injunctions, and impose civil penalties.
Attorney General of New York
The Attorney General monitors compliance through consumer reports and investigation of alleged violations, with authority to determine when violations have occurred.
The bill targets 'personalized algorithmic pricing providers' defined as 'any person, partnership, corporation, association or other entity that uses personalized algorithmic pricing' - these are entities deploying AI algorithms for pricing decisions in consumer transactions.
4 subdomains (4 Minimal)