Bill Summary & Status for the 106th Congress

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S.1924
Sponsor: Sen Leahy, Patrick J.(introduced 11/16/1999)
Latest Major Action: 11/16/1999 Referred to Senate committee
Title: A bill to ensure personal privacy with respect to financial information, to provide customers notice and choice about how their financial institutions share or sell their personally identifiable sensitive financial information, to provide for strong enforcement of these rights, and to protect States' rights.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions) (Floor Actions/Congressional Record Page References)
11/16/1999:
Read twice and referred to the Committee on Banking.
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSORS(7), ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Sen Boxer, Barbara - 11/19/1999 Sen Bryan, Richard H. - 11/16/1999
Sen Durbin, Richard J. - 11/16/1999 Sen Feingold, Russell D. - 11/16/1999
Sen Harkin, Tom - 11/16/1999 Sen Mikulski, Barbara A. - 2/22/2000
Sen Robb, Charles S. - 11/16/1999

SUMMARY AS OF:
11/16/1999--Introduced.

Financial Information Privacy and Security Act - Directs the Federal financial regulatory authorities to jointly promulgate final rules to protect the privacy of confidential information relating to customers of financial institutions subject to the regulatory purview of the Federal banking agencies and the Securities and Exchange Commission.

Permits an individual to bring a civil action, for punitive as well as compensatory or liquidated ($5,000) damages and attorneys fees, for violations of this Act.