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United States · Bill · S

S. 1951 (116th)

Designing Accounting Safeguards To Help Broaden Oversight and Regulations on Data

openUnited States· United States Congress· EN

Introduced

25 June 2019

Last action

Status

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

Sponsors

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.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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