S 1903 IS

106th CONGRESS

1st Session

S. 1903

To amend the privacy provisions of the Gramm-Leach-Bliley Act.

IN THE SENATE OF THE UNITED STATES

November 10, 1999

Mr. SHELBY (for himself and Mr. BRYAN) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs


A BILL

To amend the privacy provisions of the Gramm-Leach-Bliley Act.

SECTION 1. SHORT TITLE.

SEC. 2. AMENDMENT.

`TITLE V--PRIVACY OF CONSUMER INFORMATION

`Subtitle A--Disclosure of Nonpublic Personal Information

`SEC. 501. PROTECTION OF NONPUBLIC PERSONAL INFORMATION.

`SEC. 502. OBLIGATIONS WITH RESPECT TO PERSONAL INFORMATION.

`SEC. 503. NOTICE CONCERNING DISCLOSING INFORMATION.

`SEC. 504. ENFORCEMENT.

`SEC. 505. FAIR CREDIT REPORTING ACT AMENDMENT.

`SEC. 506. STATE ELECTION TO PARTICIPATE.

`SEC. 507. RELATION TO STATE LAWS.

`SEC. 508. DEFINITIONS.

`SEC. 509. EFFECTIVE DATE.

`Subtitle B--Fraudulent Access to Financial Information

`SEC. 521. PRIVACY PROTECTION FOR CUSTOMER INFORMATION OF FINANCIAL INSTITUTIONS.

false, fictitious, or fraudulent statement or representation.

`SEC. 522. ADMINISTRATIVE ENFORCEMENT.

`SEC. 523. CRIMINAL PENALTY.

`SEC. 524. RELATION TO STATE LAWS.

`SEC. 525. AGENCY GUIDANCE.

`SEC. 526. REPORTS.

`SEC. 527. DEFINITIONS.

END