H.R. 601House114th Congress (2015-2017)Passed House

Eliminate Privacy Notice Confusion Act

Introduced January 28, 2015

Legislative Activity

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13 earlier actions
SenateIntro Referral Latest Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

April 14, 2015

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HouseIntro Referral

Introduced in House

January 28, 2015

HouseIntro Referral

Referred to the House Committee on Financial Services.

January 28, 2015

HouseCommittee

Committee Consideration and Mark-up Session Held.

March 25, 2015

HouseCommittee

Committee Consideration and Mark-up Session Held.

March 26, 2015

HouseCommittee

Ordered to be Reported by the Yeas and Nays: 57 - 0.

March 26, 2015

HouseCommittee

Reported by the Committee on Financial Services. H. Rept. 114-59.

April 13, 2015

HouseCalendars

Placed on the Union Calendar, Calendar No. 40.

April 13, 2015

HouseFloor

Mr. Neugebauer moved to suspend the rules and pass the bill.

April 13, 2015 • 4:12 PM

HouseFloor

Considered under suspension of the rules. (consideration: CR H2120-2121)

April 13, 2015 • 4:12 PM

HouseFloor

DEBATE - The House proceeded with forty minutes of debate on H.R. 601.

April 13, 2015 • 4:12 PM

HouseFloor

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H2121)

April 13, 2015 • 4:18 PM

HouseFloor

On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H2121)

April 13, 2015 • 4:18 PM

HouseFloor

Motion to reconsider laid on the table Agreed to without objection.

April 13, 2015 • 4:18 PM

SenateIntro Referral

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

April 14, 2015

Bill Text

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Referred in SenateIssued April 14, 2015

IIB

114th CONGRESS

1st Session

H. R. 601

IN THE SENATE OF THE UNITED STATES

April 14, 2015

Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs

AN ACT

To amend the Gramm-Leach-Bliley Act to provide an exception to the annual privacy notice requirement.

1.

Short title

This Act may be cited as the Eliminate Privacy Notice Confusion Act.

2.

Exception to annual privacy notice requirement under the Gramm-Leach-Bliley Act

Section 503 of the Gramm-Leach-Bliley Act (15 U.S.C. 6803) is amended by adding at the end the following:

(f)

Exception to annual notice requirement

A financial institution that—

(1)

provides nonpublic personal information only in accordance with the provisions of subsection (b)(2) or (e) of section 502 or regulations prescribed under section 504(b), and

(2)

has not changed its policies and practices with regard to disclosing nonpublic personal information from the policies and practices that were disclosed in the most recent disclosure sent to consumers in accordance with this section,

shall not be required to provide an annual disclosure under this section until such time as the financial institution fails to comply with any criteria described in paragraph (1) or (2).

.

Passed the House of Representatives April 13, 2015.

Karen L. Haas,

Clerk