Consumer Information Notification Requirement Act This bill amends the Gramm-Leach-Bliley Act to require federal financial regulators to set forth rules regarding data breaches. Specifically, these rules must require financial institutions, banks, and specified others to notify customers of breaches likely to result in identity theft, fraud, or economic loss. The bill also requires state insurance authorities to establish and enforce similar standards for insurers.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 20.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 849.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-1097.
Introduced in House
Referred to the House Committee on Financial Services.
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 20.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 849.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-1097.
Finance and Financial Sector
Banking and financial institutions regulationComputer security and identity theftFraud offenses and financial crimesInsurance industry and regulation
Consumer Information Notification Requirement Act
USA115th CongressHR-6743| House
| Updated: 12/21/2018
Consumer Information Notification Requirement Act This bill amends the Gramm-Leach-Bliley Act to require federal financial regulators to set forth rules regarding data breaches. Specifically, these rules must require financial institutions, banks, and specified others to notify customers of breaches likely to result in identity theft, fraud, or economic loss. The bill also requires state insurance authorities to establish and enforce similar standards for insurers.