An Act amending the act of December 17, 1968 (P.L.1224, No.387), known as the Unfair Trade Practices and Consumer Protection Law, further providing for definitions.

This bill amends Pennsylvania's Unfair Trade Practices and Consumer Protection Law to explicitly define "dynamic pricing" as a potential unfair practice. It specifically targets the use of artificial intelligence to vary prices for essential goods or services within a 24-hour period based on demand. The legislation includes detailed definitions for artificial intelligence, generative AI, and bona fide pricing to clarify what constitutes deceptive behavior versus legitimate pricing strategies. By adding these specific terms to the law, the bill aims to provide clearer guidance for regulators and businesses regarding AI-driven price fluctuations.