Fighting for You: February 2023 Legislative & 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: February 2023 Legislative & Regulatory Update

 Fighting for You: February 2023 Legislative & Regulatory Update

Privacy legislation and regulation kicked into gear during February at the state and federal level. The feds are proposing to prohibit all non-compete agreements, and changes are on the table for Kentucky’s new tax on insights services. That is just a taste of what’s been happening this past month in advocacy impacting the insights industry.

Consumer Privacy and Data Security

In advance of a March 1 hearing at the U.S. House Subcommittee on Innovation, Data, And Commerce Subcommittee on a national data privacy standard, the Insights Association highlighted key points for the Members of Congress to consider, including: (1) market research should be allowed to function; (2) Congress should set a national privacy standard; and (3) the Privacy for America framework provides a model approach for legislation.

Earlier in February, draft financial data privacy legislation was in line for consideration by the House Financial Services Committee; Privacy for America offered some recommendations for improving it.

Meanwhile, at the state level:

Finally, IA continues to consider the correct approach for the insights industry to self-regulate the collection, maintenance and sharing of sensitive location data, and could use members' input.

Human Resources

Following a series of legal actions against companies, the Federal Trade Commission (FTC) recently proposed a broad rule to prohibit all non-compete restrictions on all workers, potentially restricting even NDAs and NSAs.

Tax

The Kentucky legislature is considering a bill to carve out “marketing services” from the state’s new 6% sales tax on most services (including insights services).

Rousing Support for the Insights Industry

In the face of all these opportunities and threats, on these issues and many others, the insights industry only has one organization fighting for it across the U.S.

However, the Insights Association couldn’t keep up that fight without the membership and support of insights industry leaders like you.

We remain available to answer your questions on these and other legislative/regulatory/legal issues – just drop us a line.

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