Democrat and Republican lawmakers makers are backing a proposed 'TLDR Act' that aims to simplify overly complicated terms of service agreements on websites. 

It also aims to force companies to reduce the burden on consumers of reading and agreeing to complicated statements regarding how their data will be used. 

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The Terms-of-service Labeling, Design, and Readability Act or the 'TLDR Act' would require websites to offer a summary statement of their terms of service (ToS). TLDR refers to the popular acronym 'too long, didn't read'.

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That summary statement should be easy to understand, quick to read, and include any reportable data breaches that have been disclosed in the past three years. The TLDR version should include the statement's word count and estimated time to read, categories of sensitive information the website processes, and a summary of the legal liabilities of a user and waivers. Sensitive information includes health, biometric and location data.

The law would be enforced by state attorneys generals and the Federal Trade Commission. 

The bipartisan bill is being proposed in both chambers with the Senate version introduced by Republican senator Bill Cassidy and Democrat senator Ben Ray Luj