,,ii  #aacth ,,congress  #ast ,session  
,s4 #fce  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,march #ba1 #bjac   
,mr4 ,brown 7for himself1 ,mr4 ,moran1  
,mr4 ,tester1 ,mr4 ,johanns1 ,mr4       
,warner1 ,ms4 ,heitkamp1 ,mr4 ,toomey1  
and ,mr4 ,blunt7 introduced the         
following bill2 which was read twice and
 referred to the ,committee on ,banking1
 ,housing1 and ,urban ,affairs  ,a      
,,bill  ,to amend the                   
,gramm-,leach-,bliley ,act to provide an
 exception to the annual written privacy
 notice requirement4  #a4 ,short title  
,this ,act may be cited as the ,privacy 
,notice ,modernization ,act of #bjac4   
#b4 ,exception to annual written privacy
 notice requirement under the           
,gramm-,leach-,bliley ,act ,section #ejc
 of the ,gramm-,leach-,bliley ,act 7#ae 
,u4,s4,c4 #fhjc7 is amended by adding at
 the end the following3  7f7 ,exception 
to annual written notice requirement ,a 
financial institution that--  7#a7      
provides nonpublic personal information 

in accordance with the provisions of    
subsection 7b77#b7 or 7e7 of section    
#ejb or regulations prescribed under    
section #ejd7;b72  7#b7 has not changed 
its policies and practices with respect 
to disclosing nonpublic personal        
information from the policies and       
practices that were disclosed in the    
most recent disclosure sent to consumers
 in accordance with this section2 and   
7#c7 otherwise provides customers access
 to such most recent disclosure in      
electronic or other form permitted by   
regulations prescribed under section    
#ejd1  shall not be required to provide 
an annual written disclosure under this 
section1 until such time as the         
financial institution fails to comply   
with paragraph 7#a71 7#b71 or 7#c74  4