Data privacy and protection headline the latest bill introduced into Congress as lawmakers look to clarify what standards businesses should follow regarding consumers’ data.
On March 13, Sen. Jerry Moran (R-Kan.), Chairman of the U.S. Senate’s Commerce Subcommittee on Consumer Protection, introduced the Consumer Data Privacy & Security Act. The bill proposes creating federal regulations for businesses that collect and use consumers’ personal data. There are similar provisions found in this proposed legislation and the European Union General Data Protection Regulation and the California Consumer Privacy Act.
The Consumer Data Privacy and Security Act would:
Given COVID-19’s impact to the economy and related legislative priorities, it is unknown whether this bill will gain immediate traction. One thing is certain: an appropriate and singularly purposed national law would clarify a business’s data protection obligations while still keeping with the overall goal of protecting consumers and their data. During this current period of economic restriction, reducing unnecessary costs of doing business should be a priority.
The summary of the bill and the full text of the bill can be found on Sen. Moran’s Senate web page.
We will provide further updates as this and other legislative measures advance toward becoming official laws. Please contact Walt Green, Jason Pill or Gregory Reda if you have any questions regarding these specific legislative updates or with general cybersecurity compliance.