Congress should require utility providers to provide consumers access to their consumption data at no cost, in a timely manner, using an open standard.

To Do: Let Consumers Access Utility Data

ITIF’s Center for Data Innovation has filed comments with the U.S. Consumer Financial Protection Bureau (CFPB) regarding the use of alternative data and modeling techniques in the credit process.

Comments to CFPB on the Use of Alternative Data and Modeling Techniques in the Credit Process

Data can greatly improve financial reporting.

Congress Should Not Undo Progress on Financial Data Reform

Congress should pass legislation requiring that all states collect corporate beneficial-ownership data and make it easily accessible to regulators and the public by publishing it online in open and machine-readable formats.

To Do: Require Corporate Data Transparency

Congress is overlooking many opportunities to have the federal government publish more of the data it already gathers, collect more data that can be put to valuable use, and encourage the private sector to make better use of data, according to a new report from ITIF's Center for Data Innovation.

ITIF’s Center for Data Innovation Unveils 10-Step Agenda for Congress to Harness Power of Data to Grow Economy and Benefit Society

ITIF's Center for Data Innovation Unveils 10-Step Agenda for Congress to Harness Power of Data to Grow Economy and Benefit Society

Congress should amend laws such as the Gramm-Leach-Bliley Act to make it easier for Americans not just to opt out of data sharing, but to opt in to donating their data for altruistic purposes such as health care and educational research.

To Do: Make It Easier for Americans to Donate Their Data

Policymakers should do more to spur data-driven innovation in both the public and private sectors.

Data Innovation 101

Data is increasingly vital to grow the economy and solve important social problems. This report lays out twelve concrete steps Congress can take in 2015 to accelerate data innovation in both the public and private sectors.

Accelerating Data Innovation: A Legislative Agenda for Congress

Congress should expand the health information technology incentives program to include mental- and behavioral-health providers and facilities.

To Do: Promote Alternative Credit Data

Recommendation

Details

Editors’ Recommendations

10 Steps Congress Can Take to Accelerate Data Innovation

Related

To Do: Let Consumers Access Utility Data

Comments to CFPB on the Use of Alternative Data and Modeling Techniques in the Credit Process

Congress Should Not Undo Progress on Financial Data Reform