HR 9909 · 95th Congress · Right of privacy

Right to Financial Privacy Act

Introduced 1977-11-02· Sponsored by Rep. Cavanaugh, John J. [D-NE-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1977-11-02)

Plain Language Summary

[AI summary unavailable — showing source text] Right to Financial Privacy Act - Prohibits any Federal Agency or employee, or any State or local government, from obtaining copies of, access to, or the information contained in, the financial records of any customer from a financial institution unless such records are described with particularity and: (1) such customer has authorized such disclosure in accordance with this Act; (2) such records are disclosed in response to an administrative subpena or summons; (3) such records are disclosed in response to a court order; or (4) such records are disclosed in response to a judicial subpena. States that no depository institution may provide to a Federal agency or employee, or to any State or local government, copies of or the information contained in the financial records of any customer except in accordance with the requirements of this Act. Requires that any depository institution which operates a customer bank communications terminal establish precautions which prevent unauthorized access to, or use of, the terminal and disclosure to unauthorized parties. Sets forth provisions governing customer authorization, administrative subpenas and summons, and search warrants. Prescribes civ…

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