To amend the Gramm-Leach-Bliley Act to provide an exception to the annual privacy notice requirement.
(This measure has not been amended since it was introduced. The summary has been expanded because action has occurred on the measure.)
Eliminate Privacy Notice Confusion Act
(Sec. 2) Amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers.
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-8.
Referred to the House Committee on Financial Services.
Became Public Law No: 114-94.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 176.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 251.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 57 - 0.
Reported by the Committee on Financial Services. H. Rept. 114-59.
Reported by the Committee on Financial Services. H. Rept. 114-59.
Placed on the Union Calendar, Calendar No. 40.
Mr. Neugebauer moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H2120-2121)
DEBATE - The House proceeded with forty minutes of debate on H.R. 601.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H2121)
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On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H2121)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.