H.R. 3506 · 111th Congress

Eliminate Privacy Notice Confusion Act

Stage
Passed a chamber
Introduced
2009-07-31
Latest action
2010-04-15 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

Eliminate Privacy Notice Confusion Act - Amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements; and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers.