116-hr-8512116th Congress

Designing Accounting Safeguards To Help Broaden Oversight and Regulations on Data

Sponsored By: Representative Foster, Bill [D-IL-11]

Unknown

Summary

Designing Accounting Safeguards To Help Broaden Oversight and Regulations on Data This bill requires commercial data operators (i.e., large consumer online services providers or data brokers) to disclose to users what types of user data are collected, and the usage and value of that data. Commercial data operators must also provide users with a way to delete this data. Violations of these requirements are enforced by the Federal Trade Commission. Commercial data operators that issue securities must report the value of their user data and the value of any third-party contracts made for the collection of user data.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Foster, Bill [D-IL-11]

IL • D

Cosponsors

  • Rep. Moulton, Seth [D-MA-6]

    MA • D

    Sponsored 10/2/2020

Roll Call Votes

No roll call votes available for this bill.

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