Bill Text: CA SB1022 | 2019-2020 | Regular Session | Amended
Bill Title: Personal information: disclosure.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2020-03-25 - From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS. [SB1022 Detail]
Download: California-2019-SB1022-Amended.html
|
Amended
IN
Senate
March 25, 2020 |
| Introduced by Senator Umberg |
February 14, 2020 |
LEGISLATIVE COUNSEL'S DIGEST
Existing law, the California Financial Information Privacy Act, prohibits a financial institution from disclosing or sharing a consumer’s nonpublic personal information with a nonaffiliated third party unless the financial institution has obtained consent from the consumer, as specified. The bill makes a statement of legislative intent with regard to the act.
This bill would make nonsubstantive changes in the statement of intent regarding the California Financial Information Privacy Act.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee:Bill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 1798.115 of the Civil Code is amended to read:1798.115.
(a) A consumer shall have the right to request that a business that sells the consumer’s personal information, or that discloses it for a business purpose, disclose to that consumer:(a)The Legislature intends for financial institutions to provide their consumers notice and meaningful choices about how those consumers’ nonpublic personal information is shared or sold by their financial institutions.
(b)It is the intent of the Legislature in enacting the California Financial Information Privacy Act to afford persons greater privacy protections than those provided in Public Law 106-102, the federal
Gramm-Leach-Bliley Act, and that this division be interpreted to be consistent with that purpose.
