US HB8512 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on October 2 2020 - 25% progression, died in committee
Action: 2020-10-02 - Referred to the Committee on Energy and Commerce, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Pending: House Energy And Commerce Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Designing Accounting Safeguards To Help Broaden Oversight and Regulations on Data

Sponsors


History

DateChamberAction
2020-10-02HouseReferred to the Committee on Energy and Commerce, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2020-10-02HouseReferred to the Committee on Energy and Commerce, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2020-10-02HouseIntroduced in House

Same As/Similar To

SB1951 (Similar To) 2019-10-24 - Committee on Banking, Housing, and Urban Affairs. Hearings held.

Subjects


US Congress State Sources


Bill Comments

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