We've only got two more propositions to get through! Today KFI News' Kris Ankarlo joined us to discuss Prop 24, which amends consumer privacy laws. Here's it's summary:
"Permits consumers to: prevent businesses from sharing personal information, correct inaccurate personal information, and limit businesses’ use of "sensitive personal information," including precise geolocation, race, ethnicity, and health information. Establishes California Privacy Protection Agency. Fiscal Impact: Increased annual state costs of at least $10 million, but unlikely exceeding low tens of millions of dollars, to enforce expanded consumer privacy laws. Some costs would be offset by penalties for violating these laws."
A "Yes" vote would mean the expansion of consumers' privacy rights and businesses' privacy requirements would change. A new state agency and the Department of Justice would be in charge of enforcing the privacy laws.
A "No" vote means the current laws in place would stay the same. It's a little bit weedy, but that's why we have Kris Ankarlo to help us sort it all out.
Check out our segment with him below, and learn more about all of the propositions on his 'Propositioned' podcast!
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