On July 27, the governor of Oregon signed HB 2052 (the “Act”) into law, effective upon passage. The Act provides that a “data broker” cannot collect, sell or license brokered personal data within Oregon unless they first register with the Department of Consumer and Business Services. Brokered personal data includes, among other things, name (or the name of a member of the individual’s immediate family or household), data or place of birth, maiden name of the individual’s mother, biometric information, social security or other government-issued identification number, or other information that can “reasonably be associated” with the individual. A data broker does not include consumer reporting agencies, financial institutions, and affiliates or nonaffiliated third parties of financial institutions that are subject to Title V of the Gramm-Leach-Bliley Act, among others. There are certain exceptions to the requirement, including, among others, selling the assets of a business entity a single time, The Act stipulates a civil penalty in an amount less than or equal to $500 for each violation of Act or for each day in which violation continues. Civil money penalties are capped at $10,000 per calendar year.
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