S 423 · 114th Congress · Finance and Financial Sector
Privacy Notice Modernization Act of 2015
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-8.(2015-02-12)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
6 Democrats13 Republicans1 Independent