118th Congress · HOUSE BILLBILL

H.R. 1165Data Privacy Act of 2023

To amend the Gramm-Leach-Bliley Act to modernize the protection of the nonpublic personal information of individuals with whom financial institutions have customer or consumer relationship, and for other purposes.

Finance and financial sector
Introduced Feb 24, 2023
Last action Dec 5, 2024
Pipeline · Bill → Law
Step 1
Introduced
Feb 24, 2023
Step 2
Referred
Feb 24, 2023
Financial Services
Step 3
Committee
Feb 28, 2023
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill addresses the privacy and security of personal information held by financial institutions. The bill expands the application of current protections, it provides individuals with controls for limiting the collection of their information, and it establishes data privacy standards nationwide. Currently, financial institutions must protect personal information and provide notice about privacy practices. The bill expands personal information protections that currently apply to customers (individuals who have a continuing relationship with a financial institution) to consumers (individuals who have a more limited relationship with a financial institution, such as those who apply for but...

Provisions · 13 sectionsReported to House
Timeline · 6 actions
Dec 5, 2024
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-822.
Dec 5, 2024
Placed on the Union Calendar, Calendar No. 673.
Feb 28, 2023
Committee Consideration and Mark-up Session Held.
Feb 28, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 26 - 21.
Feb 24, 2023
Introduced in House
Feb 24, 2023
Referred to the House Committee on Financial Services.