HR 3070 · 95th Congress · Right of privacy

Right to Financial Privacy Act

Introduced 1977-02-02· Sponsored by Rep. Rousselot, John H. [R-CA-26]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1977-02-02)

Plain Language Summary

[AI summary unavailable — showing source text] Right to Financial Privacy Act - States that the purposes of this Act are to protect and preserve the confidential relationship between depository institutions and their customers and the constitutional rights of those customers, and to promote commerce by prescribing policies and procedures to insure that customers have the same right to protect against unwarranted disclosure of customer records as if the records were in their possession. Prohibits any Federal agency or employee from obtaining copies of, access to, or the information contained in, the financial records of any customer from a depository institution unless such records are described with particularity and: (1) such records are disclosed in response to an administrative subpena or summons; (2) such records are disclosed in response to a court order; or (3) such records are disclosed in response to a judicial subpena. States that no depository institution may provide to a Federal agency or employee, copies of or the information contained in the financial records of any customer except in accordance with the requirement of this Act. Sets forth provisions governing customer authorization, administrative subpenas and sum…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Republicans