Privacy Notification Technical Clarification Act
USA115th CongressHR-2396| House
| Updated: 12/18/2017
David A. Trott
Republican Representative
Michigan
Cosponsors (7)
Consumer Protection and Financial Institutions Subcommittee, Financial Services Committee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Privacy Notification Technical Clarification Act (Sec. 2) This bill amends the Gramm-Leach-Bliley Act to exempt a vehicle financial company, under specified circumstances, from the requirement to annually disclose its privacy policies to consumers. A vehicle financial company shall be exempt from such requirement if: (1) the company has not changed its privacy policies since its last disclosure, (2) the current policy is available on its website and via mail, (3) notice is provided to customers regarding availability of the company's privacy policies, and (4) the company gives customers the ability to opt out of having personal information disclosed to third parties.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 40 - 20.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 321.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-434.
Rules Committee Resolution H. Res. 657 Reported to House. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate for each bill. The amendment in the nature of a substitute printed in H.R. 2396 shall be considered as adopted. The rule also makes in order the amendment printed in the report. An amendment in the nature of a substitute to H.R. 4015 consisting of Rules Committee Print 115-46, shall be considered as adopted.
Considered under the provisions of rule H. Res. 657. (consideration: CR H9905-9916; text of amendment in the nature of a substitute: CR H9905)
Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate for each bill. The amendment in the nature of a substitute printed in H.R. 2396 shall be considered as adopted. The rule also makes in order the amendment printed in the report. An amendment in the nature of a substitute to H.R. 4015 consisting of Rules Committee Print 115-46, shall be considered as adopted.
DEBATE - The House proceeded with one hour of debate on H.R. 2396.
DEBATE - Pursuant to the provisions of H.Res. 657, the House proceeded with 10 minutes of debate on the Clay No. 1.
Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H9914)
DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to prohibit the vehicle financial company term from including a financial institution that is engaging or has engaged in a pattern or practice of unsafe or unsound banking practices and other violations related to consumer harm.
The previous question on the motion to recommit with instructions was ordered without objection.
On motion to recommit with instructions Failed by the Yeas and Nays: 185 - 235 (Roll no. 681).
View VoteOn passage Passed by the Yeas and Nays: 275 - 146 (Roll no. 682).
View VoteMotion to reconsider laid on the table Agreed to without objection.
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 2396.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Banking and financial institutions regulationConsumer affairsConsumer creditRight of privacy
Privacy Notification Technical Clarification Act
USA115th CongressHR-2396| House
| Updated: 12/18/2017
Privacy Notification Technical Clarification Act (Sec. 2) This bill amends the Gramm-Leach-Bliley Act to exempt a vehicle financial company, under specified circumstances, from the requirement to annually disclose its privacy policies to consumers. A vehicle financial company shall be exempt from such requirement if: (1) the company has not changed its privacy policies since its last disclosure, (2) the current policy is available on its website and via mail, (3) notice is provided to customers regarding availability of the company's privacy policies, and (4) the company gives customers the ability to opt out of having personal information disclosed to third parties.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 40 - 20.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 321.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-434.
Rules Committee Resolution H. Res. 657 Reported to House. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate for each bill. The amendment in the nature of a substitute printed in H.R. 2396 shall be considered as adopted. The rule also makes in order the amendment printed in the report. An amendment in the nature of a substitute to H.R. 4015 consisting of Rules Committee Print 115-46, shall be considered as adopted.
Considered under the provisions of rule H. Res. 657. (consideration: CR H9905-9916; text of amendment in the nature of a substitute: CR H9905)
Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate for each bill. The amendment in the nature of a substitute printed in H.R. 2396 shall be considered as adopted. The rule also makes in order the amendment printed in the report. An amendment in the nature of a substitute to H.R. 4015 consisting of Rules Committee Print 115-46, shall be considered as adopted.
DEBATE - The House proceeded with one hour of debate on H.R. 2396.
DEBATE - Pursuant to the provisions of H.Res. 657, the House proceeded with 10 minutes of debate on the Clay No. 1.
Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H9914)
DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to prohibit the vehicle financial company term from including a financial institution that is engaging or has engaged in a pattern or practice of unsafe or unsound banking practices and other violations related to consumer harm.
The previous question on the motion to recommit with instructions was ordered without objection.
On motion to recommit with instructions Failed by the Yeas and Nays: 185 - 235 (Roll no. 681).
View VoteOn passage Passed by the Yeas and Nays: 275 - 146 (Roll no. 682).
View VoteMotion to reconsider laid on the table Agreed to without objection.
The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 2396.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
David A. Trott
Republican Representative
Michigan
Cosponsors (7)
Consumer Protection and Financial Institutions Subcommittee, Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
Related Bills
- HRES 115-657: Providing for consideration of the bill (H.R. 2396) to amend the Gramm-Leach-Bliley Act to update the exception for certain annual notices provided by financial institutions, and providing for consideration of the bill (H.R. 4015) to improve the quality of proxy advisory firms for the protection of investors and the U.S. economy, and in the public interest, by fostering accountability, transparency, responsiveness, and competition in the proxy advisory firm industry.
- HR 115-6147: Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019
- S 115-3164: A bill to amend the Gramm-Leach-Bliley Act to update the exception for certain annual notices provided by financial institutions.
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Banking and financial institutions regulationConsumer affairsConsumer creditRight of privacy