HR 2396 · 115th Congress · Finance and Financial Sector
Privacy Notification Technical Clarification Act
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2017-12-18)
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Plain Language Summary
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Privacy Notification Technical Clarification Act This bill amends the Gramm-Leach-Bliley Act to exempt a financial institution, under specified circumstances, from the requirement to annually disclose its privacy policies to consumers. A financial institution shall be exempt from such requirement if: (1) the institution has not changed its privacy policies since its last disclosure, (2) the current policy is available on its website and via mail, and (3) notice is provided to customers regarding availability of the institution's privacy policies.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 2396, Privacy Notification Technical Clarification Act
Nov 30, 2017As ordered reported by the House Committee on Financial Services on October 12, 2017
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office