Madam Speaker, while it is true that this bill contains the provision for substantial fines, who is going to be fined? Who would it apply to?
Will the tech giants, with their armies of lobbyists and lawyers, figure out the loopholes within all the ambiguity in this law? For a small business owner, who is not in the business of harvesting data but nevertheless must collect information to complete a transaction, will this just give more red tape and more potential liability while letting off the tech giants?
I do not know the answer to that question, and it should be clearer in this bill.