Sec. 203. Data brokers

186 words·~1 min read·/bill/116/s/4626/is/section-203

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Not later than January 31 of each calendar year that follows a calendar year during which a covered entity acted as a data broker, such covered entity shall register with the Commission pursuant to the requirements of this section. In registering with the Commission as required under subsection (a), a data broker shall do the following: Pay to the Commission a registration fee of $100. Provide the Commission with the following information: The name and primary physical, email, and internet addresses of the data broker.

Any additional information or explanation the data broker chooses to provide concerning its data collection and processing practices. A data broker that fails to register as required under subsection

(a)shall be liable for— a civil penalty of $50 for each day it fails to register, not to exceed a total of $10,000 for each year; and an amount equal to the fees due under this section for each year that it failed to register as required under subsection (a). The Commission shall publish on the internet website of the Commission the registration information provided by data brokers under this section.