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Eliminate Privacy Notice Confusion Act
1/11/2023, 1:27 PM
Congressional Summary of HR 601
(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.
Read the Full Bill
Current Status of Bill HR 601
Bill HR 601 is currently in the status of Bill Introduced since January 28, 2015. Bill HR 601 was introduced during Congress 114 and was introduced to the House on January 28, 2015. Bill HR 601's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of April 14, 2015
Bipartisan Support of Bill HR 601
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
57Democrat Cosponsors
22Republican Cosponsors
35Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 601
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Banking and financial institutions regulation
- Consumer affairs
- Consumer credit
- Right of privacy
Alternate Title(s) of Bill HR 601
Eliminate Privacy Notice Confusion Act
To amend the Gramm-Leach-Bliley Act to provide an exception to the annual privacy notice requirement.
Eliminate Privacy Notice Confusion Act
Eliminate Privacy Notice Confusion Act
Comments
Sponsors and Cosponsors of HR 601
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