US Congress House Bill 4604 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 14-0)
Status: Introduced on May 7 2014 - 25% progression, died in chamber
Action: 2014-06-11 - Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 27.
Text: Latest bill text (Introduced) [PDF]

CFPB Data Collection Security Act - Amends the Consumer Financial Protection Act of 2010 to direct the Consumer Financial Protection Bureau (CFPB) to: (1) establish an opt-out list of consumers who have notified the CFPB that they do not wish to allow it to collect personally identifiable information about them, and (2) give consumers a method of adding and removing their names from the opt-out list via telephone or the CFPB website. Prohibits the CFPB from collecting: (1) personally identifiable information about a consumer listed on the opt-out list (except in the case of consumer complaints), or (2) any data or performing any market monitoring unless it has a Senate-confirmed Director. Prescribes time limitations for the holding of data by the CFPB. Directs the CFPB, if it experiences a data breach that exposes personally identifiable information about a consumer, to give that consumer one year of free credit monitoring. Requires the CFPB to notify consumers publicly of such a breach on the front page of its website. Prohibits CFPB employees from accessing personally identifiable information collected by the CFPB unless they hold a "confidential" security clearance.

CFPB Data Collection Security Act

Rep. Lynn Westmoreland [R-GA]	Rep. Michele Bachmann [R-MN]	Rep. Kerry Bentivolio [R-MI]	Rep. Diane Black [R-TN]
Rep. Sean Duffy [R-WI]	Rep. Jeff Duncan [R-SC]	Rep. Paul Gosar [R-AZ]	Rep. Billy Long [R-MO]
Rep. Blaine Luetkemeyer [R-MO]	Rep. Stevan Pearce [R-NM]	Rep. Bill Posey [R-FL]	Rep. Tom Price [R-GA]
Rep. Todd Rokita [R-IN]	Rep. Ann Wagner [R-MO]

Date	Chamber	Action
2014-06-11	House	Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 27.
2014-06-11	House	Committee Consideration and Mark-up Session Held.
2014-05-21	House	Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
2014-05-07	House	Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/4604/all-info
Text	https://www.congress.gov/113/bills/hr4604/BILLS-113hr4604ih.pdf