Privacy Notice Modernization Act of 2015

Hozzl · 2023-01-11T13:28:22Z

Explore the details of Senate Bill 423 Privacy Notice Modernization Act of 2015 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

1/11/2023, 1:28 PM

Congressional Summary of S 423

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.

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Current Status of Bill S 423

Bill S 423 is currently in the status of Bill Introduced since February 10, 2015. Bill S 423 was introduced during Congress 114 and was introduced to the Senate on February 10, 2015. Bill S 423's most recent activity was Committee on Banking, Housing, and Urban Affairs. Hearings held. as of February 12, 2015