,,ib  ,union ,calendar ,no4 #cba  #aaeth
 ,,congress  #ast ,session  ,h4 ,r4     
#bcif  ,report ,no4 #aae-dcd  ,,in ,,the
 ,,house ,,of ,,representatives  ,may   
#d1 #bjag ,mr4 ,trott 7for himself and  
,mr4 ,clay7 introduced the following    
bill2 which was referred to the         
,committee on ,financial ,services      
,december #d1 #bjag ,additional         
sponsors3 ,mr4 ,sherman1 ,mr4           
,luetkemeyer1 ,mr4 ,meeks1 ,mr4 ,messer1
 ,mr4 ,rothfus1 and ,mr4 ,gonzalez of   
,texas  ,december #d1 #bjag ,reported   
with an amendment1 committed to the     
,committee of the ,whole ,house on the  
,state of the ,union1 and ordered to be 
printed ,strike out all after the       
enacting clause and insert the part     
printed in italic ,for text of          
introduced bill1 see copy of bill as    
introduced on ,may #d1 #bjag  ,a ,,bill 
,to amend the ,gramm-,leach-,bliley ,act
 to update the exception for certain    
annual notices provided by financial    
institutions4  #a4 ,short title ,this   

,act may be cited as the ,privacy       
,notification ,technical ,clarification 
,act4  #b4 ,exception to annual notice  
requirement ,section #ejc of the        
,gramm-,leach-,bliley ,act 7#ae         
,u4,s4,c4 #fhjc7 is amended by adding at
 the end the following3  7g7 ,additional
 exception to annual notice requirement 
7#a7 ,in general ,a financial           
institution that has not changed its    
policies and practices with regard 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 section shall  
not be required to provide an annual    
disclosure under this section if-- 7,a7 
the financial institution makes its     
current policy available to consumers on
 its website and via mail upon written  
request sent to a designated address    
identified for the purpose of requesting
 the policy or upon telephone request   
made using a toll free consumer service 

telephone number2 and  7,b7 the         
financial institution conspicuously     
notifies consumers of the availability  
of the current policy1 including-- 7i7  
with respect to consumers who are       
entitled to a periodic billing          
statement1 a message on or with each    
periodic billing statement2 and  7ii7   
with respect to consumers who are not   
entitled to a periodic billing          
statement1 through other reasonable     
means such as on its website or with    
other written communication1 including  
electronic communication1 sent to the   
consumer4  7#b7 ,treatment of multiple  
policies ,if a financial institution    
maintains more than one set of policies 
described under paragraph 7#a7 that vary
 depending on the consumer's account    
status or ,state of residence1 the      
financial institution may comply with   
the website posting requirement in      
paragraph 7#a77;,a7 by posting all of   
such policies to the public section of  
the financial institution's website1    

with instructions for choosing the      
applicable policy4  4  ,december #d1    
#bjag ,reported with an amendment1      
committed to the ,committee of the      
,whole ,house on the ,state of the      
,union1 and ordered to be printed