New York S04489 creates an excise tax on commercial data collectors based on the number of New York consumers they collect data on monthly.

New York S04489 introduces a monthly excise tax on commercial data collectors, which are 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 the collector targets each month, ranging from five cents per consumer for up to one million consumers to forty-five cents per consumer for over nine million consumers. The tax applies to all consumer data collected, regardless of format.

New York S04489 creates an excise tax on commercial data collectors based on the number of New York consumers they collect data on monthly.

New York S04489 introduces a monthly excise tax on commercial data collectors, which are 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 the collector targets each month, ranging from five cents per consumer for up to one million consumers to forty-five cents per consumer for over nine million consumers. The tax applies to all consumer data collected, regardless of format.