HR 818
108th Congress
House
Finance and Financial Sector
Bank employees
Bank records
Civil Rights and Liberties, Minority Issues
Civil actions and liability
Commerce
Compensation for victims of crime
Confidential communications
Consumer credit
Consumer education
Consumer protection
Crime and Law Enforcement
Criminal investigation
Financial institutions
Fines (Penalties)
Fraud
Indemnity
Law
Liability (Law)
Limitation of actions
Identity Theft Consumer Notification Act
Introduced: February 13, 2003
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 27, 2003
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Feb 13, 2003
Referred to the House Committee on Financial Services.
Feb 13, 2003
Sponsor introductory remarks on measure. (CR E268)
Feb 13, 2003
Introduced in House
Plain-English summary
Identity Theft Consumer Notification Act - Amends the Gramm-Leach-Bliley Act to include among mandatory consumer disclosures by a financial institution a statement informing the consumer of the institution's obligation to: (1) disclose that nonpublic personal information has been compromised; (2) provide assistance to remedy the compromise; and (3) reimburse any losses incurred as a result of such compromise.
Permits waiver of such disclosure for a limited time at request of a law enforcement agency investigating such violation.
Provides penalties for financial institution failure to notify and assist customers after an identity theft.
Amends the Fair Credit Reporting Act to grant the Federal district courts jurisdiction in an action for identity theft. Tolls the two-year statute of limitations during any period during which a defendant has materially and willfully misrepresented any information to the plaintiff that is material to establishment of the defendant's liability.
What's happening now
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Committees of jurisdiction
2
Cosponsors
1