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HR 2156 106th Congress House Finance and Financial Sector Administrative procedure Bank accounts Bank deposits Bank examination Bank records Civil Rights and Liberties, Minority Issues Commerce Consumer credit Consumer protection Credit cards Credit unions Department of the Treasury Federal Deposit Insurance Corporation Federal Reserve System Government Operations and Politics Government corporations Identification devices Law National Credit Union Administration

Consumer Telemarketing Financial Privacy Protection Act of 1999

Introduced: June 10, 1999 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 1999
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Jun 10, 1999
Referred to the House Committee on Banking and Financial Services.
Jun 10, 1999
Sponsor introductory remarks on measure. (CR E1233-1234)
Jun 10, 1999
Introduced in House
 Plain-English summary Congressional Research Service

Consumer Telemarketing Financial Privacy Protection Act of 1999 - Amends the Fair Credit Reporting Act to exclude from the definition of "consumer report" the communication of information, solely regarding transactions or experiences between the consumer and the person making the report, to any other person for the purpose of telemarketing to the consumer, if: (1) the consumer is given advance notice and an opportunity to direct that the information not be communicated; and (2) the information to be communicated does not include an account number or other form of access.

Removes provisions prohibiting an examination of a bank, savings association, or credit union regarding compliance with the Act. Removes provisions empowering the Board of Governors of the Federal Reserve System to issue interpretations of the Act regarding: (1) certain domestic (and branches and agencies of foreign) banks, certain commercial lending companies, savings associations, and certain other financial institutions; and (2) Federal credit unions. Requires: (1) certain Federal banking agencies to jointly prescribe regulations for such banks and financial institutions; and (2) the Administrator of the National Credit Union Administration to prescribe regulations for Federal credit unions.

What's happening now June 25, 1999

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1