H.R. 5817 · 112th Congress

Eliminate Privacy Notice Confusion Act

Stage
Passed a chamber
Introduced
2012-05-17
Latest action
2012-12-13 · 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.