HR 665 · 93th Congress · Government Operations and Politics
Environmental Monitoring Report Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Banking and Currency.(1973-01-03)
Plain Language Summary
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Provides that a fiduciary institution may not disclose to any person except to the customer or his duly athorized agent any financial records relating to that customer of that fiduciary institution unless: (1) such customer has authorized, disclosure to such person; or (2) such financial records are disclosed in response to a court order. States that a customer may authorize disclosure if he furnishes to the fiduciary institution a signed and dated statement which: (1) authorizes such disclosure for a period not in excess of one week; (2) does not contain any contractual or other provision not directly related to such authorization; and (3) identifies the specific financial records or the items of information contained in any financial records which are authorized to be disclosed unless such authorizations relate only to (A) a record of the customer's average balance for the preceding six months, (B) a record of the customer's current balance, and (C) a record of the customer's loan and overdraft repayments during the preceding six months. Allows a fiduciary institution to disclose financial records pursuant to a court order only if: (1) the court order is issued upon a showing of …
Summarized by Claude AI · Non-partisan · For informational purposes only