California will require marketplace facilitators to collect information from high-volume sellers

California on September 30 enacted S.B. 301, requiring the collection of certain information from “high-volume third-party sellers” which, in any continuous 12-month period during the previous 24 months, have 200 or more sales of “new or unused consumer products” and at least $5,000 in gross revenue from marketplace sales to California residents. The legislation is intended to identify stolen goods resold through marketplaces. “Consumer product” means tangible personal property that is distributed in commerce and normally used for personal, family, or household purposes.

Source PwC

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