summary
Introduced
02/15/2024
02/15/2024
In Committee
02/28/2024
02/28/2024
Crossed Over
02/23/2024
02/23/2024
Passed
03/04/2024
03/04/2024
Dead
Signed/Enacted/Adopted
03/08/2024
03/08/2024
Introduced Session
2024 Budget Session
Bill Summary
AN ACT relating to banking; defining who is a customer for purposes of open banking; limiting the release of customer data through open banking as specified; and providing for an effective date.
AI Summary
This bill amends Wyoming's open banking laws to define "customer" as a natural person or their agent, trustee, or representative, and to limit the customer data that a participating bank can provide to a third-party financial service provider to only what is necessary for the customer to receive a product or service. The bill requires the participating bank to obtain the customer's express written consent prior to providing access to any customer data under the open banking program. The bill is effective July 1, 2024.
Committee Categories
Business and Industry
Sponsors (6)
Affie Ellis (R)*,
Tara Nethercott (R)*,
Chris Rothfuss (D)*,
Daniel Singh (R)*,
Cyrus Western (R)*,
Mike Yin (D)*,
Last Action
Assigned Chapter Number 63 (on 03/08/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.wyoleg.gov/Legislation/2024/HB0145 |
| Analysis - Summary as Passed | https://www.wyoleg.gov/2024/Summaries/HB0145.pdf |
| BillText | https://www.wyoleg.gov/2024/Enroll/HB0145.pdf |
| BillText | https://www.wyoleg.gov/2024/Introduced/HB0145.pdf |
| Fiscal Note | https://www.wyoleg.gov/2024/Fiscal/HB0145.pdf |
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