01 — The Text
What.
- This bill would limit how companies can collect, use, and share information about what people buy. It aims to give consumers more control over their purchase data and how it's used for advertising or sold to other companies.
- The bill would require companies to be transparent about what purchase information they collect and would restrict certain uses of that data without a customer's clear permission.
02 — The Stakes
So what?
- This affects anyone who shops online or in stores, uses credit cards, or makes purchases through apps. It could limit how much companies know about your buying habits and who they share that information with.
- Privacy advocates argue this protects personal financial information from misuse, while businesses worry it could limit their ability to operate efficiently or target relevant advertising.
03 — The Path
Now what?
- The bill passed out of the House Financial Services Committee in February 2026 and is scheduled for a House floor vote.
- You can contact your House representative to ask their position on consumer privacy protection and whether they plan to support or oppose this bill.
Legislative History
Actions.
- Feb 25, 2026 — Placed on the Union Calendar, Calendar No. 447.
- Feb 25, 2026 — Reported (Amended) by the Committee on Financial Services. H. Rept. 119-522.
- Feb 25, 2026 — Reported (Amended) by the Committee on Financial Services. H. Rept. 119-522.
- Dec 17, 2025 — Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 23.
- Dec 17, 2025 — Committee Consideration and Mark-up Session Held
- Dec 16, 2025 — Committee Consideration and Mark-up Session Held
- Feb 11, 2025 — Referred to the House Committee on Financial Services.
- Feb 11, 2025 — Introduced in House