What This Bill Does
Why It Matters
Key Facts
- Cost Impact: The Congressional Budget Office estimates compliance costs won't exceed $203 million annually.
- Timeline: The bill was introduced in January 2025 and reported favorably by a Senate committee in April 2025.
- Affected Parties: Primarily impacts manufacturers of smart home devices and consumers purchasing these products.
- Bipartisan Support: Introduced by Senator Ted Cruz with co-sponsors from both parties.
- House Precedent: A similar bill passed the House with overwhelming support in the previous Congress.
- Smart Device Adoption: 83 million U.S. households own more than one smart home product.
- FTC Enforcement: The FTC would oversee compliance and could impose penalties for violations.
