On May 22, 2018, the State of Vermont enacted House Bill Number 764 (the "Bill")
to, among other things, regulate how Vermont data brokers collect
consumer data and sell that information to third parties. The Bill
went into effect on January 1, 2019, giving Vermont data brokers
until January 31, 2019, to register as data brokers with the
Vermont Secretary of State. If data brokers fail to register (and
pay the annual $100 registration fee), they are subject to a
penalty of $50 per day until registered, not to exceed a penalty of
$10,000 per annum. In addition to registration fees, Vermont data
brokers are required to annually provide information concerning
their data collection activities, opt-out policies, purchaser
credentialing practices, and any security breaches.
