S-423 : Still Just a Bill

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.

Action Timeline

Action DateTypeTextSource
2015-02-12CommitteeCommittee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-8.Senate
2015-02-10IntroReferralRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2015-02-10IntroReferralIntroduced in SenateLibrary of Congress
2015-02-10IntroReferralIntroduced in SenateLibrary of Congress