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MD SB904
Bill
Status
2/3/2025
Primary Sponsor
Katie Hester
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AI Summary
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Establishes a Privacy Protection and Enforcement Unit within the Attorney General's Office to protect individuals' digital privacy, enforce the Maryland Age-Appropriate Design Code Act, and address unfair practices involving AI, cybersecurity, and online privacy
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Requires data brokers to register annually with the Comptroller by January 31, providing business information and disclosing whether they collect geolocation data, consumer health data, and whether consumers can opt out of data collection
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Imposes a 6% gross income tax on data brokers, apportioned based on the percentage of Maryland addresses in the personal data sold or licensed
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Distributes tax revenue to multiple funds: $2.5 million minimum (or 0.75%) each to the Privacy Protection Unit, Information Technology Investment Fund for AI projects, and Maryland Public Television for K-12 digital literacy; $120 million minimum (or 35%) to the Coordinated Community Supports Partnership Fund; remainder to the Blueprint for Maryland's Future Fund
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Defines "data broker" as any business entity that collects, aggregates, analyzes, buys, sells, or shares personal data, excluding consumer reporting agencies regulated under federal law and financial institutions regulated under Gramm-Leach-Bliley Act
Legislative Description
Data Brokers - Registry and Gross Income Tax (Building Information Guardrails Data Act of 2025)
Records
Last Action
Hearing 3/05 at 1:00 p.m. (Budget and Taxation)
2/5/2025