An Act to prohibit negative option sales and disclosure of financial and personal information without a consumer’s express agreement

HD 1083 prohibits "negative option" sales where consumers are automatically charged after a trial period unless they actively cancel. It requires sellers to clearly explain all costs, cancellation methods, and deadlines before a trial offer, and to obtain explicit consumer agreement before charging. The bill also bans financial institutions from sharing customers' personal or financial data without their specific permission, with limited exceptions like direct customer authorization. This directly affects consumers by preventing surprise charges and unauthorized data sharing, and impacts businesses (sellers and financial institutions) by mandating clear disclosures and consent.