summary
Introduced
06/28/2018
06/28/2018
In Committee
06/28/2018
06/28/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Privacy Notification Technical Clarification Act 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.
AI Summary
This bill amends the Gramm-Leach-Bliley Act to exempt a "vehicle financial company" - a company that regularly extends credit for vehicle purchases or leases - from the requirement to annually disclose its privacy policies to consumers, as long as the company has not changed its policies since its last disclosure, makes its current policy available on its website and by mail, notifies customers of the policy's availability, and gives customers the ability to opt out of having their personal information disclosed to third parties.
Committee Categories
Housing and Urban Affairs
Sponsors (3)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 06/28/2018)
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.congress.gov/bill/115th-congress/senate-bill/3164/all-info |
| BillText | https://www.congress.gov/115/bills/s3164/BILLS-115s3164is.pdf |
| Bill | https://www.congress.gov/115/bills/s3164/BILLS-115s3164is.pdf.pdf |
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