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S. 1951

Designing Accounting Safeguards To Help Broaden Oversight and Regulations on Data

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.

Committee on Banking, Housing, and Urban Affairs. Hearings held.

Sen. Warner, Mark R. [D-VA](D-VA)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions1related bills8subjects
  1. Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  3. IntroReferral10000

    Introduced in Senate

Designing Accounting Safeguards To Help Broaden Oversight and Regulations on Data — Informed