89R12187 BCH-D     By: Reynolds H.B. No. 5046       A BILL TO BE ENTITLED   AN ACT   relating to the collection, use, processing, and treatment of   consumers' personal data by certain business entities.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 541.103, Business & Commerce Code, is   amended to read as follows:          Sec. 541.103.  SALE OF DATA TO THIRD PARTIES AND PROCESSING   DATA FOR TARGETED ADVERTISING; DISCLOSURE; PAYMENTS TO CONSUMER.     (a) If a controller sells personal data to third parties or   processes personal data for targeted advertising, the controller   shall clearly and conspicuously disclose that process and the   manner in which a consumer may exercise the right to opt out of that   process.          (b)  If a controller sells a consumer's personal data to a   third party, the controller shall pay to the consumer 10 percent of   the gross proceeds of the sale not later than the 60th day after the   date the sale is completed.          SECTION 2.  This Act takes effect September 1, 2025.