HR 2545 · 116th Congress 2019–2021, ended

Data Breach Prevention and Compensation Act of 2019

Latest action · May 7, 2019 Referred to the House Committee on Financial Services.

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. IntroducedMay 7, 2019
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Data Breach Prevention and Compensation Act of 2019

This bill establishes an Office of Cybersecurity within the Federal Trade Commission (FTC). The office must supervise the data security of credit reporting agencies, including through annual examinations. The office must also investigate and enforce suspected violations by credit reporting agencies.

The bill also requires notification to the FTC, relevant law enforcement and intelligence agencies, consumers, and the public of a data breach affecting a credit reporting agency.

Cosponsors 20

Members who signed on, in the order they did. Signatures ran from May 7, 2019 to Sep 10, 2019; 1 is an original cosponsor, there from the day it was introduced.

SeatCosponsorSigned on
D-ILRaja KrishnamoorthiOriginalMay 7, 2019
D-FLAl Lawson, Jr.Jun 24, 2019
D-INAndré CarsonJun 24, 2019
D-MSBennie G. ThompsonJun 24, 2019
D-NJBonnie Watson ColemanJun 24, 2019
D-LACedric L. RichmondJun 24, 2019
D-NJDonald M. Payne, Jr.Jun 24, 2019
D-DCEleanor Holmes NortonJun 24, 2019
D-MOEmanuel CleaverJun 24, 2019
D-FLFrederica S. WilsonJun 24, 2019
D-NCG. K. ButterfieldJun 24, 2019
D-SCJames E. ClyburnJun 24, 2019
D-OHMarcia L. FudgeJun 24, 2019
D-ILRobin L. KellyJun 24, 2019
D-VIStacey E. PlaskettJun 24, 2019
D-MAStephen F. LynchJun 24, 2019
D-NYYvette D. ClarkeJun 24, 2019
D-MDJamie RaskinJul 2, 2019
D-FLVal Butler DemingsAug 16, 2019
D-VAGerald E. ConnollySep 10, 2019

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred May 7, 2019

Actions 2

Everything that happened, newest first.

  1. May 7, 2019Introduced in House
  2. May 7, 2019Referred to the House Committee on Financial Services.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Article I, Section 8 of the United States Constitution

The sponsor’s statement, as printed in the Congressional Record, vol. 165, no. 75, May 7, 2019, page H3475.

Related bills 1

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

BillTitleRelationshipLatest action
S 1336Data Breach Prevention and Compensation Act of 2019Identical billMay 7, 2019

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To create an Office of Cybersecurity at the Federal Trade Commission for supervision of data security at consumer reporting agencies, to require the promulgation of regulations establishing standards for effective cybersecurity at consumer reporting agencies, to impose penalties on credit reporting agencies for cybersecurity breaches that put sensitive consumer data at risk, and for other purposes.
Short Title(s) as Introduced
Data Breach Prevention and Compensation Act of 2019

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. May 7, 2019Introduced in House

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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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.