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S. 1924 106th Congress Senate

Financial Information Privacy and Security Act

Official title: A bill to ensure personal privacy with respect to financial information, to provide customers notice and choice about how their financial institutions share or… Show full official titleShow less

Official title: A bill to ensure personal privacy with respect to financial information, to provide customers notice and choice about how their financial institutions share or sell their personally identifiable sensitive financial information, to provide for strong enforcement of these rights, and to protect States' rights.

Introduced: November 16, 1999 See on congress.gov
Finance and Financial Sector Administrative procedureBank accountsBank recordsCertificates of deposit
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Civil Rights and Liberties, Minority IssuesCivil actions and liabilityCommerceConsumer complaintsConsumer educationDamagesDepartment of the TreasuryFederal Deposit Insurance CorporationFederal Reserve SystemGovernment Operations and PoliticsGovernment corporationsGovernment paperworkIndependent regulatory commissionsInsuranceLawLegal feesPunitive damagesRight of privacySavings and loan associationsSecurities and Exchange CommissionSecurities regulation
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 14, 2000
Sponsor introductory remarks on measure. (CR S11778-11779)
Nov 16, 1999
Read twice and referred to the Committee on Banking.
Nov 16, 1999
Sponsor introductory remarks on measure. (CR S14614-14615)
Nov 16, 1999
Introduced in Senate
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 Latest action December 14, 2000

Sponsor introductory remarks on measure. (CR S11778-11779)

 Plain-English summary Congressional Research Service
Financial Information Privacy and Security Act - Directs the Federal financial regulatory authorities to jointly promulgate final rules to protect the privacy of confidential information relating to customers of financial institutions subject to the regulatory purview of the Federal banking agencies and the Securities and Exchange Commission.

Permits an individual to bring a civil action, for punitive as well as compensatory or liquidated ($5,000) damages and attorneys fees, for violations of this Act.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Durbin, Richard J.
Illinois · Nov 16, 1999
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1924: Financial Information Privacy and Security Act. 106th Congress. Open America. https://openamerica.io/bill/106-S-1924/
MLA
"S. 1924: Financial Information Privacy and Security Act." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-S-1924/.
Bluebook (legal)
S. 1924, 106th Cong. (2026), https://openamerica.io/bill/106-S-1924/.
Markdown link
[S. 1924: Financial Information Privacy and Security Act](https://openamerica.io/bill/106-S-1924/)
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