The bill, known as the "Housing Price Transparency Act," mandates that individuals using algorithms to set rental accommodation prices must disclose this practice. It states that the Federal Trade Commission (FTC) will enforce this requirement, treating violations as unfair or deceptive acts. The bill allows states to bring civil actions to enforce compliance, obtain damages, or issue injunctions. It also allows private individuals to bring legal action for damages or injunctions if they have been harmed by a violation. The bill specifically defines "pricing algorithm" and grants the FTC the authority to intervene in state actions related to pricing algorithm violations.