,,iib  #aac? ,,congress  #a/ ,session   
,h4 ,r4 #gdi  ,,9 ,,! ,,s5ate ,,( ,,!   
,,unit$ ,,/ates  ,m>* #ac1 #bjac        
,receiv$2 read twice & ref]r$ to !      
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs  ,,an ,,act  ,to am5d !        
,gramm-,lea*-,bliley ,act to provide an 
exception to ! annual privacy notice    
requirem5t4  #a4 ,%ort title ,?is ,act  
may be cit$ z ! ,elim9ate ,privacy      
,notice ,confusion ,act4  #b4 ,exception
 to annual privacy notice requirem5t "u 
! ,gramm-,lea*-,bliley ,act ,section    
#ejc ( ! ,gramm-,lea*-,bliley ,act 7#ae 
,u4,s4,c4 #fhjc7 is am5d$ by add+ at !  
end ! foll[+3  7f7 ,exception to annual 
notice requirem5t ,a f9ancial in/itution
 t--  7#a7 provides nonpublic p]sonal   
in=mation only 9 accordance ) !         
provisions ( subsection 7b77#b7 or 7e7 (
 section #ejb or regulations prescrib$  
"u section #ejd7;b71 &  7#b7 has n *ang$
 its policies & practices ) reg>d to    
disclos+ nonpublic p]sonal in=mation f !
 policies & practices t 7 disclos$ 9 !  

mo/ rec5t disclosure s5t to consum]s 9  
accordance ) ?is section1  %all n be    
requir$ to provide an annual disclosure 
"u ?is section until su* "t z ! f9ancial
 in/itution fails to comply ) any       
crit]ia describ$ 9 p>agraph 7#a7 or     
7#b74  4  ,pass$ ! ,h\se (              
,repres5tatives ,m>* #ab1 #bjac4 ,k>5   
,l4 ,haas1 ,cl]k