Running a Business in Tennessee? These New Privacy Rules Apply to You
July 1st marked a major change for Tennessee businesses. The Tennessee Information Protection Act (TIPA) is now active. This law affects how companies collect and use consumer data. But not every business needs to worry about it. Does This Apply to Your Business? TIPA targets larger companies only. You're covered if your business makes over $25 million yearly AND processes significant consumer data. The thresholds are clear: 75,000+ Tennessee consumers' data OR revenue from selling 25,000+ consumer records. Most small businesses stay exempt. The law focuses on bigger data processors. What Tennessee Residents Can Do Now The law gives people real control over their information. They can request to see what data companies have about them. Consumers can fix wrong information in their records. They can also delete their data entirely. The opt-out feature stops targeted advertising. People can also prevent companies from selling their information. Your New Business Respo...