Purchased Data Inventory Act

The Purchased Data Inventory Act requires federal agencies to track and publicly report on data they purchase for value that can identify individuals. It defines "covered data purchases" as any data obtained for payment (like fees or licenses) that can link to a person, excluding bulk statistical data or interagency sharing. Agencies must compile annual reports detailing each purchase’s purpose, vendor, data contents, and whether it includes sensitive information like location, health, or financial records. These reports must be published online in accessible formats, allowing public review of how agencies buy and use personal data.