Fighting for You: June 2024 Legislative and Regulatory Update - Articles

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Stay at the forefront of the consumer insights and analytics industry with our Thought Leadership content. Here you’ll find timely updates on the Insights Association’s advocacy efforts, including the latest legislative and regulatory developments that impact how we work. In addition, this section offers expert perspectives on innovative research techniques and methodologies, as well as valuable analysis of evolving consumer trends. Together, these insights provide a trusted resource for professionals looking to navigate change, elevate their practice, and shape the future of our industry.

Fighting for You: June 2024 Legislative and Regulatory Update

Fighting for You: June 2024 Legislative and Regulatory Update

The heat was rising on legislative, regulatory and compliance issues for the insights industry in June, as the Insights Association focused on: federal privacy legislation; pending compliance hurdles as new state and federal laws took effect; a new AI law in Colorado; and a federal bill that would require tax withholding for research subjects receiving participant incentives.

Consumer privacy and data security

The Insights Association continued to battle in June for improvements to comprehensive federal privacy legislation, the American Privacy Rights Act (APRA), as it advanced out of a House subcommittee. They made a bunch of changes, including some requested by, and favorable to, the insights industry, but much more work remains ahead. With yet more changes recently made, the bill is scheduled for a full committee vote on June 27.

At the same time, that subcommittee also approved the Kids Online Safety Act (KOSA), legislation that would restrict the design and operations of many for-profit online platforms if they knowingly interact with minors 16 years of age or younger.

Meanwhile, in California, we’re working on more issues, including:

Finally, on the compliance front:

Artificial Intelligence

  • A new law in Colorado will require disclosure to consumers when they are interacting with artificial intelligence (AI), along with a rash of new requirements for high-risk AI systems, including a duty of care regarding their development and deployment. https://www.insightsassociation.org/News/Articles/ArticleID/1334/New-AI-Law-in-Colorado-S-B-205
  • The Creating Resources for Every American To Experiment with Artificial Intelligence Act (CREATE AI Act) would create a National Artificial Intelligence Research Resource. It recently passed the Senate Commerce Committee.
  • A quartet of U.S. senators recently released a policy plan to help boost action on AI in the Senate.

Research subjects = independent contractors

New federal legislation, the Gig Is Up Act, would potentially require bigger insights companies/departments to withhold federal taxes for their research subjects in receipt of incentives.

Championing the insights industry

While the heat is on the insights industry, the Insights Association remains on guard as your only advocate across the United States. Without your full membership and support, of course, none of that advocacy would be possible. We remain available to answer your questions and concerns on legislative, regulatory, and legal issues impacting our industry. Please keep in touch.

This information is not intended and should not be construed as or substituted for legal advice. It is provided for informational purposes only. It is advisable to consult with private counsel on the precise scope and interpretation of any laws/regulation/legislation and their impact on your particular business.

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