Here's what to know about California's privacy act, which just went into effect

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Here's what to know about California's privacy act, which just went into effect
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What the California Consumer Privacy Act does and what's next for the law.

The law gives residents of California more control over data collected on them if they take certain steps.California Attorney General, Xavier Becerra.Whether or not you live in California, you've likely received something in your inbox about new privacy notices from one of the various companies you've interacted with, such as Lyft, Spotify and Hulu.

"While we can't take action until six months after finalizing our rules, or July 1 — whichever comes first — we can consider a business's efforts to comply with the law from January 1, onwards, she wrote in an email to CNBC. The rules are technically subject to change until comments are considered. Businesses and other parties were able to submit comments about the regulations during public hearings, by mail or over email until last month.

, riders can see what type of personal information the company has collected about you, the sources that information came from, the business or commercial purpose for collecting it, the categories of third parties Lyft has shared the personal information with, and the pieces of personal information themselves.

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