Virginia: Governor signs into law HB 714 to amend provisions of Consumer Data Protection Act
The Governor of Virginia signed, on 11 April 2022, House Bill ('HB') 714 and an identical bill, Senate Bill ('SB') 534, to amend §59.1-575 and §59.1-584 of the Virginia Consumer Data Protection Act of 2021 ('CDPA'). In particular, HB 714 amends the CDPA by:
- deleting the consumer Privacy Fund established under §59.1-585;
- adding the definition of a political organisation;
- adding that all civil penalties, expenses, and attorney fees collected shall be paid into the state treasury and credited to the Regulatory, Consumer Advocacy, Litigation, and Enforcement Revolving Trust Fund; and
- Incorporating amendments proposed under SB 516 with respect to amendments to the definition of a 'nonprofit organisation'.
As such, HB 714 will become effective on 1 January 2023.
You can read HB 714 and view its history here.