TLDR Act

This bill makes companies that publish terms of service add a short, easy-to-read summary at the very top of their terms page. Right below it, they must show a simple graphic that explains how your sensitive information is shared with affiliates and outside partners. They also have to offer the full terms in an interactive, machine‑readable format. The summary must be accessible to people with low literacy and people with disabilities, and can use tables, icons, and links to make it clearer .

The summary must cover key points like what sensitive data the service processes, what is needed for basic features vs. extras, your legal responsibilities, rights you might give up (like mandatory arbitration or class‑action waivers), any licensing or sale of your content, past versions and change logs, how to delete your data if offered, a list of reported data breaches from the last three years, and roughly how long it would take to read the full terms. The Federal Trade Commission (FTC) has 360 days after the law takes effect to set the rules and to publish guidance on the data‑flow graphic; violations are enforced by the FTC and state attorneys general may also bring cases on behalf of residents. Requiring a summary does not create new contract obligations for users .

• Who is affected: Companies with online terms of service and the people who use their services.
• What changes: Clear, short summaries; a simple data‑sharing graphic; and full terms in an interactive, tagged format (for example, using XML) .
• When: The FTC must issue the rules and guidance within 360 days after the law is enacted; enforcement follows those rules. States and the FTC can take companies to court if they don’t comply .