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United States · Bill · HR

H.R. 8512 (116th)

Designing Accounting Safeguards To Help Broaden Oversight and Regulations on Data

referredUnited States· United States Congress· EN

Introduced

2 October 2020

Last action

2 October 2020 · Introduced

Status

Referred to the Committee on Energy and Commerce, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Rep. Foster, Bill [D-IL-11], Rep. Moulton, Seth [D-MA-6]

Subjects

Discovery layer

Source updated

5 December 2025

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 2 October 2020

    Introduced

    Referred to the Committee on Energy and Commerce, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 2 October 2020

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 2 October 2020

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 2 October 2020

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 2 October 2020

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 2 October 2020

    Open at official source

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Sponsors

Related records

Sources

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