S 423 · 114th Congress 2015–2017, ended

Privacy Notice Modernization Act of 2015

Introduced Feb 10, 2015 Originated Senate Sponsor Jerry Moran R-KS

Fact sheet

Latest action · Feb 12, 2015 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-8.

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. IntroducedFeb 10, 2015
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Privacy Notice Modernization Act of 2015

Amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations.

Cosponsors 50

Members who signed on, in the order they did. Signatures ran from Feb 10, 2015 to Sep 22, 2015, with 12 there on the day it was introduced.

SeatCosponsorSigned on
R-TNBob CorkerOriginalFeb 10, 2015
R-NVDean HellerOriginalFeb 10, 2015
D-MAElizabeth WarrenOriginalFeb 10, 2015
D-NDHeidi HeitkampOriginalFeb 10, 2015
D-ORJeff MerkleyOriginalFeb 10, 2015
D-MTJon TesterOriginalFeb 10, 2015
R-ILMark KirkOriginalFeb 10, 2015
D-VAMark R. WarnerOriginalFeb 10, 2015
R-IDMike CrapoOriginalFeb 10, 2015
R-PAPatrick J. ToomeyOriginalFeb 10, 2015
R-SCTim ScottOriginalFeb 10, 2015
R-ARTom CottonOriginalFeb 10, 2015
D-MNAl FrankenFeb 11, 2015
I-MEAngus S. King Jr.Feb 11, 2015
R-NDJohn HoevenFeb 11, 2015
Show all 50 cosponsors

Actions 3

Everything that happened, newest first.

  1. Feb 12, 2015Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-8.
  2. Feb 10, 2015Introduced in Senate
  3. Feb 10, 2015Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Related bills 4

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 601Eliminate Privacy Notice Confusion ActRelated billApr 14, 2015
HR 1233CLEARR Act of 2015Related billMar 4, 2015
S 1910Financial Services and General Government Appropriations Act, 2016Related billJul 30, 2015
S 2132An Act Making Appropriations to Stop Regulatory Excess and for Other Purposes, 2016Related billOct 6, 2015

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. Feb 10, 2015Introduced in Senate

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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.