H.R. 2396 - 115th Congress (2017-2018) - Privacy Notification Technical Clarification Act

This bill amends the Gramm-Leach-Bliley Act to exempt a financial institution, under specified circumstances, from the requirement to annually disclose its privacy policies to consumers. A financial institution shall be exempt from such requirement if: (1) the institution has not changed its privacy policies since its last disclosure, (2) the current policy is available on its website and via mail, and (3) notice is provided to customers regarding availability of the institution's privacy policies.

Text (4)

Referred in Senate

December 18, 2017

Engrossed in House

December 14, 2017

Reported in House

December 4, 2017

Introduced in House

May 4, 2017

Amendments (2)

Dec 14, 2017

Agreed to in House

Sponsorship

House Amendment 503

An amendment printed in Part A of House Report 115-462 to strike the term "financial institution" and replace it with "vehicle financial company" and define "vehicle financial company".

Agreed To

Dec 14, 2017

Offered in House

Sponsorship

House Amendment 502

Pursuant to the provisions of H. Res. 657, the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill is considered as adopted.

Submitted

Actions (22)

Show Only Major Actions

12/18/2017

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

12/14/2017

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.

12/14/2017

Motion to reconsider laid on the table Agreed to without objection.

12/14/2017

On passage Passed by the Yeas and Nays: 275 - 146 (Roll no. 682).

12/14/2017

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 275 - 146 (Roll no. 682).

12/14/2017

On motion to recommit with instructions Failed by the Yeas and Nays: 185 - 235 (Roll no. 681).

12/14/2017

The previous question on the motion to recommit with instructions was ordered without objection.

12/14/2017

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.

12/14/2017

Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H9914)

12/14/2017

DEBATE - Pursuant to the provisions of H.Res. 657, the House proceeded with 10 minutes of debate on the Clay No. 1.

12/14/2017

DEBATE - The House proceeded with one hour of debate on H.R. 2396.

12/14/2017

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.

12/14/2017

Considered under the provisions of rule H. Res. 657. (consideration: CR H9905-9916; text of amendment in the nature of a substitute: CR H9905)

12/12/2017

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.

12/04/2017

Placed on the Union Calendar, Calendar No. 321.

12/04/2017

Reported (Amended) by the Committee on Financial Services. H. Rept. 115-434.

10/12/2017

Ordered to be Reported (Amended) by the Yeas and Nays: 40 - 20.

10/12/2017

Committee Consideration and Mark-up Session Held.

10/11/2017

Committee Consideration and Mark-up Session Held.

07/12/2017

Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

05/04/2017

Referred to the House Committee on Financial Services.

05/04/2017

Introduced in House

Public Record

Record Updated

Jan 11, 2023 1:36:47 PM