The massive amount of federal funding provided in the six stimulus acts provides an unprecedented opportunity to improve Florida and fund programs and infrastructure that have had long-standing backlogs with few past feasible opportunities to address to this degree.
TALLAHASSEE, Fla. – Today, Florida TaxWatch (FTW) released Who Knows What? An Independent Analysis of the Potential Effects of Consumer Data Privacy Legislation in Florida. Building on a previous FTW briefing, the report examines experience data from existing consumer data privacy laws across the country to generate an estimate of compliance and litigation costs businesses would face with the implementation of consumer data privacy legislation in Florida.
Florida TaxWatch undertakes this updated, independent assessment to better understand the economic impacts that consumer data privacy legislation would have in Florida. The report details the individual cost components that would comprise compliance activities. Building upon the previous research brief, this report calculates the potential economic cost of litigation that a private right of action would produce. The recommendations contained at the end of the report provide policymakers with some key considerations to minimize adverse outcomes while attaining the core goal of data privacy.
Florida tourism is an absolutely critical industry to the state, employing millions of people and contributing millions of dollars to state coffers. Despite its importance to the Sunshine State, tourism is in the crosshairs of the Florida House, a costly decision according to the latest report by the state’s premier non-partisan government watchdog, Florida TaxWatch.
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