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A BILL TO BE ENTITLED
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AN ACT
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relating to the collection, use, processing, and treatment of |
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consumers' personal data by certain business entities. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 541.103, Business & Commerce Code, is |
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amended to read as follows: |
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Sec. 541.103. SALE OF DATA TO THIRD PARTIES AND PROCESSING |
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DATA FOR TARGETED ADVERTISING; DISCLOSURE; PAYMENTS TO CONSUMER. |
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(a) If a controller sells personal data to third parties or |
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processes personal data for targeted advertising, the controller |
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shall clearly and conspicuously disclose that process and the |
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manner in which a consumer may exercise the right to opt out of that |
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process. |
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(b) If a controller sells a consumer's personal data to a |
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third party, the controller shall pay to the consumer 10 percent of |
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the gross proceeds of the sale not later than the 60th day after the |
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date the sale is completed. |
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SECTION 2. This Act takes effect September 1, 2025. |