| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 89R12187 BCH-D | |
| 2 | 2 | By: Reynolds H.B. No. 5046 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | ||
| 6 | 6 | ||
| 7 | 7 | A BILL TO BE ENTITLED | |
| 8 | 8 | AN ACT | |
| 9 | 9 | relating to the collection, use, processing, and treatment of | |
| 10 | 10 | consumers' personal data by certain business entities. | |
| 11 | 11 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 12 | 12 | SECTION 1. Section 541.103, Business & Commerce Code, is | |
| 13 | 13 | amended to read as follows: | |
| 14 | 14 | Sec. 541.103. SALE OF DATA TO THIRD PARTIES AND PROCESSING | |
| 15 | 15 | DATA FOR TARGETED ADVERTISING; DISCLOSURE; PAYMENTS TO CONSUMER. | |
| 16 | 16 | (a) If a controller sells personal data to third parties or | |
| 17 | 17 | processes personal data for targeted advertising, the controller | |
| 18 | 18 | shall clearly and conspicuously disclose that process and the | |
| 19 | 19 | manner in which a consumer may exercise the right to opt out of that | |
| 20 | 20 | process. | |
| 21 | 21 | (b) If a controller sells a consumer's personal data to a | |
| 22 | 22 | third party, the controller shall pay to the consumer 10 percent of | |
| 23 | 23 | the gross proceeds of the sale not later than the 60th day after the | |
| 24 | 24 | date the sale is completed. | |
| 25 | 25 | SECTION 2. This Act takes effect September 1, 2025. |