New York bill A01434 proposes an excise tax on commercial data collectors based on the number of New York consumers' data they collect.
New York bill A01434 introduces a monthly excise tax on commercial data collectors, who are defined as for-profit entities that collect, maintain, use, process, sell, or share consumer data. The tax rate varies based on the number of New York consumers' data collected, ranging from zero to fifty cents per consumer. The bill defines "consumer data" as any information that identifies or links to a consumer, and "New York consumer" as someone with a primary residence in New York. The tax applies regardless of the data collection format.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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