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TX HB5046
Bill
Status
3/13/2025
Primary Sponsor
Ron Reynolds
Click for details
AI Summary
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Requires businesses (controllers) that sell personal data to third parties to pay consumers 10 percent of the gross proceeds from the sale of their personal data
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Payment to consumers must be made within 60 days after the data sale is completed
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Maintains existing requirements for businesses to clearly and conspicuously disclose when they sell personal data or use it for targeted advertising
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Preserves consumers' right to opt out of having their personal data sold or processed for targeted advertising
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Takes effect September 1, 2025
Legislative Description
Relating to the collection, use, processing, and treatment of consumers' personal data by certain business entities.
Business & Commerce
Last Action
Referred to Trade, Workforce & Economic Development
4/3/2025