What is House Bill H.R. 601?
Cost of House Bill H.R. 601
This legislation has been passed in the House three times since 2010 — failing to receive a vote in the Senate every time.
The National Association of Federal Credit Unions has come out in support of this bill, saying that it would “remove the need for redundant, burdensome notice disclosures.” They also note that most financial institutions have their privacy policies online for customers to access at any time.
Eliminate Privacy Notice Confusion Act
To amend the Gramm-Leach-Bliley Act to provide an exception to the annual privacy notice requirement.
- Not enactedThe President has not signed this bill
- The senate has not voted
Committee on Banking, Housing, and Urban Affairs
- senate Committees
- The house Passed April 13th, 2015Passed by Voice Vote
Committee on Financial ServicesIntroducedJanuary 28th, 2015
- house Committees