,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #bcif  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #d1 #bjag,mr4    
,trott 7= himself & ,mr4 ,clay7         
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to am5d ! ,gramm-,lea*-,bliley 
,act to update ! exception = c]ta9      
annual notices provid$ by f9ancial      
in/itutions4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,privacy ,notification  
,te*nical ,cl>ification ,act4  #b4      
,exception to annual notice requirem5t  
,section #ejc7;f7 ( !                   
,gramm-,lea*-,bliley ,act 7#ae ,u4,s4,c4
 #fhjc7;f77 is am5d$ by add+ at ! end ! 
foll[+3  or-- 7#b7 ,a f9ancial          
in/itution t-- 7,a7 has n *ang$ its     
policies & practices ) reg>d to disclos+
 nonpublic in=mation f ! policies &     
practices t 7 disclos$ 9 ! mo/ rec5t    
disclosures 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 has *ang$ its policies &     
practices ) reg>d to disclos+ nonpublic 
in=mation f ! policies & practices t 7  
disclos$ 9 ! mo/ rec5t disclosures s5t  
to consum]s 9 accordance ) ?is section1 
provid$1  7,b7 ! f9ancial in/itution    
makes its curr5t policy available to    
consum]s on its website & via mail ^u   
writt5 reque/ s5t to a designat$ address
 id5tifi$ = ! purpose ( reque/+ ! policy
 or ^u telephone reque/ made us+ a toll 
free cu/om] s]vice telephone numb]2 &   
7,c7 ! f9ancial in/itution conspicu\sly 
notifies cu/om]s ( ! availability ( !   
curr5t policy includ+ a message on or ) 
ea* p]iodic bill+ /atem5t = cu/om]s :o  
are entitl$ to p]iodic bill+ /atem5ts4  
,= cu/om]s & consum]s :o are n entitl$  
to p]iodic bill+ /atem5ts1 ! f9ancial   
in/itution %all conspicu\sly notify     
cu/om]s & consum]s ( ! availability ( ! 
curr5t policy ?r\gh o!r reasonable means
 su* z on its website or ) o!r writt5   
communication1 includ+ electronic       
communication1 s5t to ! consum]4  7,d7  

,if a f9ancial in/itution ma9ta9s m ?an 
"o policy t v>ies dep5d+ on ! consum]'s 
acc\nt /atus or /ate ( resid5ce1 !      
f9ancial in/itution may comply ) !      
website po/+ requirem5t 9 subp>agraph   
7,b7 by po/+ all ( its notices to !     
public section ( its website )          
in/ructions = *oos+ ! applicable notice4
  4