The proposed bill establishes new regulations for the collection and handling of commercial agricultural data in Montana. It introduces definitions for various types of agricultural data, including acquisitions data, aggregated agricultural data, and care data, among others. The bill mandates that businesses involved in the collection, buying, or processing of agricultural data must provide clear disclosures to customers regarding the nature and purpose of data collection. Additionally, it allows customers to opt out of data collection procedures that lead to commercial transactions and to request the deletion of their data.

Furthermore, the bill requires that any collected agricultural data be submitted to the Montana Department of Agriculture at least one week prior to any transaction. The department is tasked with making this aggregated data available for download on a weekly basis. Businesses must also pay a $25 filing fee to the department for engaging in activities related to aggregated agricultural data. The bill is set to take effect immediately upon passage and approval.