Tallahassee, Fla. – Today, Florida TaxWatch (FTW) is releasing a Session Spotlight report entitled The Impacts of Consumer Data Privacy on Florida’s Economy. In the report, FTW analyzes HB 9 and SB 1864, proposed legislation that would enact consumer data privacy and provide sweeping changes to how certain Florida businesses interact with their customers’ personal information. The taxpayer research institute builds on an October 2021 report, Who Knows What? An Independent Analysis of the Potential Effects of Consumer Data Privacy Legislation in Florida, and incorporates recent empirical findings to present potential impacts of these bills.

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.