CCPA Reporting Deadline Of July 1, 2021!

On July 1, 2021, the California Consumer Privacy Act ("CCPA") imposes a deadline on businesses that buy, receive, sell and/or share for commercial purposes the personal information of 10,000,000 or more California residents in a calendar year. Originally, the CCPA regulations had established a threshold of 4,000,000 consumers. The California Attorney General's Office increased the threshold to 10,000,000 consumers (which is approximately twenty-five (25) percent of California's entire population) after receiving feedback during public comment that the 4,000,000 threshold would inflict a substantial burden on small businesses. In the eyes of the California State Attorney General, the CCPA reporting requirement satisfies two goals: 1) It imposes regulations on large businesses most in need of oversight; and 2) it provides consumers with more transparency on how businesses acquire, maintain and/or sell their personal information.