The resolution proposes an interim study to investigate the collection, use, and protection of agricultural data in Nebraska, particularly in relation to trade practices and consumer protection, as highlighted by the Agricultural Data Protection Act (LB525). Agricultural data, which includes information on crop yields, soil conditions, livestock health, and market trends, is becoming increasingly important for the profitability of farms and ranches. However, the rise of digital technologies has led to concerns about the unauthorized use, sale, and sharing of this sensitive data, potentially resulting in unfair trade practices and consumer protection issues.

The interim study, to be conducted by the Banking, Commerce and Insurance Committee, will explore various aspects of agricultural data, including the types of data collected, existing legal frameworks governing data ownership and transfer, and the risks associated with unauthorized data use. Additionally, the study will examine best practices for data protection, the impact of data sharing on market transparency, and methods to safeguard data from third-party sales. Upon completion, the committee will report its findings and recommendations to the Legislative Council or Legislature.