Bill > HR4402

This bill, known as the DASHBOARD Act of 2025, requires commercial data operators (online service providers or data brokers with over 100 million monthly users) to provide users with more transparency and control over their personal data. The bill mandates that these operators must regularly assess and disclose the economic value of user data, identify the types of data collected and how they are used, and provide users with a clear mechanism to delete their data, with some exceptions for legal obligations and security purposes. The Securities and Exchange Commission (SEC) must develop methods to calculate the value of user data and require companies to include detailed disclosures in their annual and quarterly reports about their user data practices. These disclosures will cover topics such as data protection measures, financial risks, revenue sources, and the value of user data contracts. The bill aims to increase transparency in how companies collect, use, and monetize user data, giving consumers more insight into the economic value of their personal information and more control over its use. The Federal Trade Commission will enforce these regulations, treating violations as unfair or deceptive practices, and the SEC must submit a report to Congress evaluating the effectiveness of these new disclosure requirements within three years of the act's enactment.