US Congress House Bill 2571 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 8-0)
Status: Introduced on June 28 2013 - 25% progression, died in chamber
Action: 2014-02-06 - Placed on the Union Calendar, Calendar No. 254.
Text: Latest bill text (Introduced) [PDF]

Consumer Right to Financial Privacy Act of 2013 - (Sec. 1) Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to revise the prohibition against the Consumer Financial Protection Bureau (CFPB)'s obtaining, from a covered person or service provider, any personally identifiable financial information about a consumer. (Sec. 2) Prohibits the CFPB, in addition, from requesting, accessing, collecting, using, retaining, or disclosing nonpublic personal information about a consumer unless: (1) the CFPB clearly and conspicuously discloses to the consumer, in writing or in an electronic form, what information will be requested, obtained, accessed, collected, used, retained, or disclosed; and (2) the consumer informs the CFPB, before such information is requested, obtained, accessed, collected, used, retained, or disclosed, that such information may be requested, obtained, accessed, collected, used, retained, or disclosed. Subjects to the same restrictions and conditions any person directed or engaged by the CFPB to collect such information on its behalf. (Sec. 3) Amends the Right to Financial Privacy Act of 1978 to repeal the exemption from its application for CFPB examination or disclosure of financial records or information in the exercise of CFPB authority with respect to a financial institution (thus applying the Act to CFPB examinations and disclosures).

Consumer Right to Financial Privacy Act of 2013

Rep. Sean Duffy [R-WI]	Sen. Tom Cotton [R-AR]	Rep. Bill Huizenga [R-MI]	Rep. Tom Latham [R-IA]
Rep. Mick Mulvaney [R-SC]	Rep. James Renacci [R-OH]	Rep. Marlin Stutzman [R-IN]	Rep. Lynn Westmoreland [R-GA]

Date	Chamber	Action
2014-02-06	House	Placed on the Union Calendar, Calendar No. 254.
2014-02-06	House	Reported by the Committee on Financial Services. H. Rept. 113-344.
2013-11-21	House	Ordered to be Reported by the Yeas and Nays: 32 - 25.
2013-11-21	House	Committee Consideration and Mark-up Session Held.
2013-10-29	House	Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
2013-06-28	House	Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/2571/all-info
Text	https://www.congress.gov/113/bills/hr2571/BILLS-113hr2571ih.pdf
Text	https://www.congress.gov/113/bills/hr2571/BILLS-113hr2571rh.pdf