HR 2571 · 113th Congress 2013–2015, ended

Consumer Right to Financial Privacy Act of 2013

Fact sheet

Latest action · Feb 6, 2014 Placed on the Union Calendar, Calendar No. 254.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJun 28, 2013
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Consumer Right to Financial Privacy Act of 2013 - (Sec. 1) Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to revise the prohibition against the Consumer Financial Protection Bureau (CFPB)'s obtaining, from a covered person or service provider, any personally identifiable financial information about a consumer.

(Sec. 2) Prohibits the CFPB, in addition, from requesting, accessing, collecting, using, retaining, or disclosing nonpublic personal information about a consumer unless: (1) the CFPB clearly and conspicuously discloses to the consumer, in writing or in an electronic form, what information will be requested, obtained, accessed, collected, used, retained, or disclosed; and (2) the consumer informs the CFPB, before such information is requested, obtained, accessed, collected, used, retained, or disclosed, that such information may be requested, obtained, accessed, collected, used, retained, or disclosed.

Subjects to the same restrictions and conditions any person directed or engaged by the CFPB to collect such information on its behalf.

(Sec. 3) Amends the Right to Financial Privacy Act of 1978 to repeal the exemption from its application for CFPB examination or disclosure of financial records or information in the exercise of CFPB authority with respect to a financial institution (thus applying the Act to CFPB examinations and disclosures).

Cosponsors 7

Members who signed on, in the order they did. Signatures ran from Jul 8, 2013 to Jul 22, 2013.

SeatCosponsorSigned on
R-MIBill HuizengaJul 8, 2013
R-OHJames B. RenacciJul 8, 2013
R-GALynn A. WestmorelandJul 9, 2013
R-SCMick MulvaneyJul 9, 2013
R-ARTom CottonJul 9, 2013
R-INMarlin A. StutzmanJul 16, 2013
R-IATom LathamJul 22, 2013

Actions 7

Everything that happened, newest first.

  1. Feb 6, 2014Placed on the Union Calendar, Calendar No. 254.
  2. Feb 6, 2014Reported by the Committee on Financial Services. H. Rept. 113-344.
  3. Nov 21, 2013Committee Consideration and Mark-up Session Held.
  4. Nov 21, 2013Ordered to be Reported by the Yeas and Nays: 32 - 25.
  5. Oct 29, 2013Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 2

Each version as it was printed, newest first.

  1. Feb 6, 2014Reported in House
  2. Jun 28, 2013Introduced in House

Support LegiList

This page is free, carries no paywall, and is built and maintained by one person. If the record here is useful to you, a few dollars keeps it going.

Processed by Stripe in a separate window. LegiList never sees card details.

Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.