,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #fja  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #bh1 #bjae    
,mr4 ,luetkemey] 7= himself1 ,mr4       
,%]man1 ,ms4 ,norton1 ,mr4 ,wel*1 ,mr4  
,lip9ski1 ,mr4 ,fo/]1 ,mrs4 ,c>olyn ,b4 
,maloney ( ,new ,york1 ,ms4 ,tsongas1   
,mr4 ,we/morel&1 ,mr4 ,royce1 ,mr4 ,hurt
 ( ,virg9ia1 ,mr4 ,pitt5g]1 ,mr4 ,f9*]1 
,mr4 ,huiz5ga ( ,mi*igan1 ,mr4 ,/iv]s1  
,mr4 ,kilm]1 & ,mr4 ,p]lmutt]7 introduc$
 ! foll[+ bill2 :i* 0 ref]r$ to !       
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,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