A bill to amend the Privacy Act of 1974.

[AI summary unavailable — showing source text] Amends the Privacy Act of 1974 to revise the provisions concerning the disclosure of Federal records on individuals. Defines "accessible record" to mean an individually identifiable record which is accessed by a retrieval scheme or indexing structure or is otherwise readily accessible. Imposes a general requirement on Federal agencies to make available to individuals upon request accessible records and substantially similar or derivative versions of such records. Requires that such disclosure reflect with reasonable accuracy the context or manner in which the agency uses the record. Requires an agency to make available to an individual upon request an accounting of the actual uses and disclosures made of the record within a reasonable period of time prior to such request. Enumerates as exceptions to such disclosure requirement certain current exceptions under the Freedom of Information Act, including national defense secrets, law enforcement investigatory information, and financial institution reports. Requires disclosure of any reasonably segregable portion of an exempted record. Authorizes an agency to establish special procedures for the disclosure of information which would adv…