HR 4380 IH

106th CONGRESS

2d Session

H. R. 4380

To strengthen consumers' control over the use and disclosure of their personal financial and health information by financial institutions, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

May 4, 2000

Mr. LAFALCE (for himself, Mr. DINGELL, Mr. MARKEY, Mr. FRANK of Massachusetts, Mr. KANJORSKI, Ms. WATERS, Mrs. MALONEY of New York, Mr. GUTIERREZ, Mr. MEEKS of New York, Ms. LEE, Mr. INSLEE, Ms. SCHAKOWSKY, Mrs. JONES of Ohio, Mr. SANDERS, Mr. KENNEDY of Rhode Island, Mr. WAXMAN, Ms. ESHOO, Mr. BARRETT of Wisconsin, Mr. LUTHER, Mr. STARK, Mr. HINCHEY, and Mr. RUSH) introduced the following bill; which was referred to the Committee on Banking and Financial Services, and in addition to the Committee on Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned


A BILL

To strengthen consumers' control over the use and disclosure of their personal financial and health information by financial institutions, and for other purposes.

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

SEC. 2. OPT-OUT REQUIREMENT FOR DISCLOSURE TO AFFILIATES AND NONAFFILIATED THIRD PARTIES.

SEC. 3. RESTRICTING THE TRANSFER OF INFORMATION ABOUT PERSONAL SPENDING HABITS.

SEC. 4. RESTRICTING THE USE OF HEALTH INFORMATION IN MAKING CREDIT AND OTHER FINANCIAL DECISIONS.

`SEC. 511. RELATION TO STANDARDS ESTABLISHED UNDER THE HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT OF 1996.

SEC. 5. LIMITS ON REDISCLOSURE AND REUSE OF INFORMATION.

general exceptions in subsection (f) may use or disclose such information only--

SEC. 6. CONSUMER RIGHTS TO ACCESS AND CORRECT INFORMATION.

`SEC. 512. ACCESS TO AND CORRECTION OF INFORMATION.

SEC. 7. IMPROVED ENFORCEMENT AUTHORITY.

SEC. 8. ENHANCED DISCLOSURE OF PRIVACY POLICIES.

U.S.C. 6803(b)(1)(A)) is amended by striking `502(e)' and inserting `502(f)'.

SEC. 9. LIMIT ON DISCLOSURE OF ACCOUNT NUMBERS.

SEC. 10. GENERAL EXCEPTIONS.

SEC. 11. DEFINITIONS.

SEC. 12. ISSUANCE OF IMPLEMENTING REGULATIONS.

SEC. 13. FTC RULEMAKING AUTHORITY UNDER THE FAIR CREDIT REPORTING ACT.

END