To require financial institutions and financial service providers to notify customers of the unauthorized use of personal financial information, and for other purposes.
Consumer Access Rights Defense Act (CARD) of 2005 - Requires database security breach disclosures by an agency, or person engaged in interstate commerce, that owns, licenses, or collects data containing personal information, as well as notification of individuals whose personal information was acquired by an unauthorized person.
Cites conditions which exempt national security and law enforcement agencies from this Act.
Prescribes guidelines for coordinated notification of database security breaches with credit reporting agencies.
Grants the Federal Trade Commission enforcement powers, including the assessment of civil fines.
Amends the Fair Credit Reporting Act to require a consumer reporting agency to place an extended fraud alert into a consumer file when a consumer submits evidence of notification that personal financial information has or may have been compromised.
Empowers State Attorneys General to enforce this Act.
Preempts state or local law inconsistent with this Act.
Introduced in House
Introduced in House
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Government Reform, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Government Reform, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Government Reform, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Government Reform, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsor introductory remarks on measure. (CR E1743-1744)
Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line