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New Rules for Data-Collecting Companies: Increased User Control

This act introduces new obligations for large online companies regarding informing users about the value of their data and how it's used. Citizens will gain the right to easily delete their data. Companies will also have to disclose the value of user data in financial reports, increasing transparency.
Key points
Companies must regularly inform users about the value of their data and its usage.
Users gain the right to easily delete all their data held by a company.
Large online companies will be required to disclose the aggregate value of user data in financial reports.
New rules will be established for data protection and assessing risks associated with data storage.
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Status: Introduced
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Additional Information
Print number: 119_HR_4402
Sponsor: Rep. Foster, Bill [D-IL-11]
Process start date: 2025-07-15