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S 1951 116th Congress Senate Finance and Financial Sector Administrative law and regulatory procedures Consumer affairs Financial services and investments Internet and video services Internet, web applications, social media Marketing and advertising Securities Securities and Exchange Commission (SEC)

Designing Accounting Safeguards To Help Broaden Oversight and Regulations on Data

Introduced: June 25, 2019 Introduced by: Warner, Mark R. Democratic · Virginia See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 24, 2019
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-182.
Jun 25, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 25, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now October 24, 2019

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-182.

 Committees of jurisdiction 1