A bill to amend the Gramm-Leach-Bliley Act to provide an exception to the annual written privacy notice requirement.
Privacy Notice Modernization Act of 2015
Amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Referred to the House Committee on Financial Services.
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 Senate
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-8.
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