Finds that there are various companies engaged in accumulating the personal data that is available to be collected on Washingtonians, aggregating or compiling that information, and reselling it without reciprocal benefit to the people of the state.

Requires every person engaging within this state in the business of making sales of personal information or exchanging personal information for consideration to register with the department of revenue.

Requires the department of revenue to: (1) Include in its report to certain committees of the legislature, a summary of the information received from the registrations submitted from businesses; and

(2) Provide a recommendation for how to impose a tax on these businesses in order to ensure appropriate compensation to the people of the state.