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US HR4294

US HR4294
Prevention of Private Information Dissemination Act of 2017


summary

Introduced
11/08/2017
In Committee
11/15/2017
Crossed Over
06/27/2018
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Prevention of Private Information Dissemination Act of 2017 This bill amends the Financial Stability Act of 2010 to establish criminal monetary penalties with respect to: (1) an officer or employee of a federal financial regulatory agency who willfully makes an unauthorized disclosure of certain individually identifiable information, and (2) a person who willfully requests or obtains such information under false pretenses.

AI Summary

This bill amends the Financial Stability Act of 2010 to establish criminal monetary penalties for two actions: (1) when an officer or employee of a federal financial regulatory agency willfully makes an unauthorized disclosure of certain individually identifiable information, and (2) when a person willfully requests or obtains such information under false pretenses. The bill aims to prevent the unauthorized dissemination of private information submitted to federal agencies as part of "living will" and stress test requirements for certain financial institutions.

Committee Categories

Business and Industry, Housing and Urban Affairs

Sponsors (1)

Last Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 06/27/2018)

bill text


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