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Summit Funding

Since our inception in 1993, Summit Funding Group, Inc. has amassed a high performing portfolio in excess of $3 billion in equipment lease and finance originations and a history of working with companies of all sizes and most industries.

Contact: Richard Ross - 513.489.1222
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GPS laws generate controversy

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August 2018 - By James Waite

Question: I just read something about a new state law enacted in May 2018 that makes it illegal to use GPS tracking devices on equipment. Does this apply to me? If so, do I need to stop using telematics on my equipment?

Answer: Yes, it does potentially apply to your GPS/telematics, and it might require you to stop using them, at least for now, unless you take specific steps to protect yourself.

In April 2017, several privacy rules enacted during the Obama administration were overturned. Those rules prohibited the sharing with advertisers of consumer browsing information and also required internet service providers (ISPs) to take reasonable measures to protect consumer data.

A number of states already had begun introducing their own forms of internet privacy legislation and those efforts expanded after April 2017. Most of that legislation specifically prohibits collecting and using consumers’ data without their expressed written consent and also prohibits ISPs from requiring them to consent to such use as a condition of using their internet service.

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