A bill to prohibit data brokers from selling and transferring certain sensitive data.

Hozzl · 2025-01-03T18:57:32Z

Explore the details of Senate Bill 5462 A bill to prohibit data brokers from selling and transferring certain sensitive data. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

1/3/2025, 6:57 PM

Summary of Bill S 5462

Bill 118 s 5462, also known as the Data Broker Accountability and Transparency Act, aims to restrict the ability of data brokers to sell and transfer sensitive information. Data brokers are companies that collect and sell personal information about individuals, often without their knowledge or consent.

The bill specifically targets data brokers that collect and sell sensitive data, such as financial information, health records, and information related to children. These types of data are considered particularly vulnerable to misuse and can have serious consequences if they fall into the wrong hands.

Under the provisions of the bill, data brokers would be required to obtain explicit consent from individuals before collecting or selling their sensitive data. They would also be required to provide individuals with access to their own data and allow them to request corrections or deletions. Additionally, the bill includes measures to increase transparency and accountability in the data broker industry. Data brokers would be required to disclose their data collection practices, including the types of data they collect and how it is used. They would also be subject to regular audits to ensure compliance with the law. Overall, the Data Broker Accountability and Transparency Act seeks to protect individuals' privacy and prevent the misuse of sensitive data by imposing stricter regulations on data brokers. By requiring transparency, consent, and accountability, the bill aims to safeguard individuals' personal information and prevent it from being exploited for profit.

Current Status of Bill S 5462

Bill S 5462 is currently in the status of Bill Introduced since December 10, 2024. Bill S 5462 was introduced during Congress 118 and was introduced to the Senate on December 10, 2024. Bill S 5462's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of December 10, 2024

Bipartisan Support of Bill S 5462

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Policy Area and Potential Impact of Bill S 5462

Primary Policy Focus

Alternate Title(s) of Bill S 5462

A bill to prohibit data brokers from selling and transferring certain sensitive data.A bill to prohibit data brokers from selling and transferring certain sensitive data.

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