Description

Introduced Mind Your Own Business Act (S. 1444)

On 29 April 2021, the Mind Your Own Business Act (S. 1444) was introduced in the US Senate. The law mandates the development of an opt-out process for designated commercial entities that operate high-risk information systems such as artificial intelligence and machine learning. Systems are classified as high risk if they handle large amounts of personal information, cause privacy concerns or monitor large public places. In addition, systems may be classified as high risk if they contribute to inaccuracy, bias, or discrimination or facilitate decision-making on sensitive consumer information by evaluating their behavior. High risk systems would be required to provide opt-out options for consumers and to be assessed regarding both the danger of revealing personal information and the level of appropriate safeguards. In addition, the Federal Trade Commission would be instructed to build an online site where consumers may opt out of data sharing and check their data sharing status.

Original source

Scope

Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

Hide details
2021-04-29
under deliberation

On 29 April 2021, the Mind Your Own Business Act (S. 1444) was introduced in the US Senate. The law…

2023-01-03
rejected

On 3 January 2023, the Mind Your Own Business Act of 2021 was rejected after failing to pass before…

Key regulatory dimensions

Regulated subjects

The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type Private organisation
Economic activity cross-cutting
Category All
2
Type Private organisation
Economic activity cross-cutting
Category All
3
Type Private organisation
Economic activity cross-cutting
Category All

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.
personal data (all forms): data collection
Regulatory tool
Risk or other impact assessment requirement
Sanctions
Regulated subjects
1
personal data (all forms): data processing
Regulatory tool
Regulator reporting requirement
Sanctions
Regulated subjects
2 3
Regulatory tool
Sanctions
Fine
Prison sentence
Regulated subjects
1
personal data (all forms): storage (any form)
Regulatory tool
Regulator reporting requirement
Sanctions
Regulated subjects
2 3
Regulatory tool
Sanctions
Fine
Prison sentence
Regulated subjects
1

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.

personal data (all forms): data collection

personal data (all forms): data processing

personal data (all forms): storage (any form)