![]() The Virginia law, for example, applies to businesses that control or process personal data of 25,000 Virginia residents and derive over 50 percent of gross annual revenue from the sale of personal data, or that control or process the personal data of 100,000 Virginia residents in a calendar year. The application thresholds described above are significantly narrower than those in most other state privacy laws. TIPA defines "consumer" as a natural person who resides in Tennessee "acting only in a personal context." Like all state privacy laws other than California, TIPA does not apply to the personal data of individuals acting in a commercial or employment context.Either (1) control or process personal information of at least 25,000 consumers and derive more than fifty percent (50%) of gross revenue from the sale of personal information or (2) during a calendar year, control or process personal information of at least 175,000 consumers.Exceed $25 million in annual revenue, and.TIPA applies to companies that conduct business in Tennessee or produce products or services that target Tennessee residents and that: We highlight key provisions of the new law below. Businesses that have implemented procedures to comply with existing state privacy laws will be well positioned to comply with TIPA.Īlthough signed this month, TIPA does not go into effect until July 1, 2025. TIPA is similar to the Virginia, Utah, and Iowa state privacy laws in that it takes a more "business-friendly" approach by, for instance, narrowly defining the kinds of disclosures of personal data ("sales") requiring opt-in consent and providing a mandatory right to cure. ![]() Tennessee joins seven states in enacting a comprehensive consumer data privacy law: California, Virginia, Colorado, Connecticut, Utah, Iowa, and Indiana. ![]() The Tennessee Information Protection Act (TIPA) passed unanimously through both houses of the Tennessee legislature and was signed by Governor Bill Lee on May 11, 2023. ![]()
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