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# Algorithmic Accountability Act of 2023 This bill requires the Federal Trade Commission (FTC) to establish rules governing how large companies use automated decision systems and artificial intelligence in critical areas of people's lives. The FTC would mandate that covered companies conduct and document impact assessments before and after deploying these systems in decisions about employment, housing, credit, education, healthcare, and other essential services. The rules apply to large companies—those with over $50 million in annual revenue or $250 million in equity value, or those handling identifying information on over one million consumers. Smaller companies developing AI systems for larger firms would also be covered under certain conditions. Companies must perform ongoing testing to identify and mitigate potential harms, particularly any unfair impacts on specific groups. They must meaningfully consult with employees and outside experts, including civil rights advocates and community representatives. Covered companies must submit annual summary reports to the FTC, with an initial report before deploying new systems. The FTC would make a public database of this information available so consumers can learn which companies use these systems, for what decisions, and how to appeal those decisions. The agency would have two years to write the detailed regulations, which would take effect two years after that. The bill authorizes funding for the FTC to establish a new Bureau of Technology with at least 50 staff members to oversee this work and allows state attorneys general to enforce the rules through civil lawsuits.

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