S.635 - Privacy Notice Modernization Act of 2013

A bill to amend the Gramm-Leach-Bliley Act to provide an exception to the annual written privacy notice requirement. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Gramm-Leach-Bliley Act to provide an exception to the annual written privacy notice requirement. as introduced.
  • Short: Privacy Notice Modernization Act of 2013 as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
03/21/13
 
 
 
 
 
 
 

Sponsor

Senator

Sherrod Brown

D-OH

View Co-Sponsors (75)

Official Summary

Privacy Notice Modernization Act of 2013 - 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 i

Official Summary

Privacy Notice Modernization Act of 2013 - 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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Organizations Supporting S.635

  • American Bankers Association
  • Credit Union National Association
  • National Association of Federal Credit Unions
  • Independent Community Bankers of America

Organizations Opposing S.635

  • None via MapLight at this time.




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