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H.R. 6743: Consumer Information Notification Requirement Act

CBO Score

$0

Date of Report

Thu December 20th, 2018

CBO Report Details

Legislation Details

115th Congress

To amend the Gramm-Leach-Bliley Act to provide a national standard for financial institution data security and breach notification on behalf of all consumers, and for other purposes.

Sponsor: Rep. Blaine Luetkemeyer — R — MO

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.

View the full vote history of this bill on GovTrack.us.

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