The resource covers data definitions and who is required to comply with the law, taking effect July 1, among other details.
On May 1, 2024, Utah’s Artificial Intelligence (AI) Policy Act (the “AI Policy Act”) took effect. The AI Policy Act is the first U.S. state law to impose transparency obligations on companies using generative artificial intelligence (“Gen AI”). Those obligations are particularly critical for any company or individual in a regulated industry, such as medicine or accounting. Penalties are up to $2,500 for each violation, and the law may be enforced by the Utah Division of Consumer Protection or the courts.
In the post, Julie Margetta Morgan, the CFPB’s associate director of research, monitoring and regulations, reminds readers that the top 10 credit card companies alone manage 83% of outstanding credit card debt and that many of the biggest card issuers offer cards that come with the worst terms, the highest interest rates and the steepest late fees.
OAKLAND — California Attorney General Rob Bonta today led a multistate coalition of 15 attorneys general urging congressional leaders to remove preemption language in the current draft of the American Privacy Rights Act (APRA), a proposed federal data privacy bill. The preemption clause currently in the APRA would result in California’s landmark privacy law being replaced with weaker protections and would hamper the ability of California to adequately protect the privacy of its citizens in the future.
OAKLAND — As the landmark price transparency law is set to go into effect July 1, California Attorney General Rob Bonta today released guidance to help businesses across the state comply with the new law. According to 2018 data from Consumer Reports, at least 85% of Americans have experienced a hidden or unexpected fee for a service, and more than two-thirds of those surveyed in 2023 said they were paying more now in surprise charges than they did five years earlier.
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