Data brokers required to register with the attorney general, account established, enforcement and civil penalties provided, and money appropriated.

This bill requires data brokers in Minnesota to register with the attorney general before collecting or selling consumers' personal data. Companies that sell personal information about people they do not have a direct relationship with must pay a registration fee and submit details like their name, address, website, and a link explaining how consumers can exercise their privacy rights. The attorney general will maintain a public website listing all registered data brokers and use the collected fees to fund enforcement of the law. Violations of the registration requirements could result in civil penalties enforced by the attorney general. The law takes effect on July 31, 2027.