Prevention of Private Information Dissemination Act of 2018

Bill: 115-s-3722
Sponsor: full_name: Sen. Kennedy, John [R-LA]
Introduced: 2018-12-06
Policy area: Finance and Financial Sector
Latest action: action_date: 2018-12-06
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2018-12-06
action_desc: Introduced in Senate
text: <p><b>Prevention of Private Information Dissemination Act of 2017</b></p> <p>This bill amends the Financial Stability Act of 2010 to establish criminal&nbsp;monetary penalties with&nbsp;respect&nbsp;to: (1) an officer or employee of a federal financial regulatory agency who willfully makes an&nbsp;unauthorized disclosure of certain individually identifiable information, and (2) a person who willfully requests or obtains such information under false pretenses.&nbsp;</p>

tv_txt: II 115th CONGRESS 2d Session S. 3722 IN THE SENATE OF THE UNITED STATES December 6, 2018 Mr. Kennedy introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To amend the Financial Stability Act of 2010 to provide a criminal penalty for unauthorized disclosures by officers or employees of a Federal agency of certain living will and stress test determinations.

1. Short title This Act may be cited as the Prevention of Private Information Dissemination Act of 2018 . 2. Criminal penalty for unauthorized disclosures Section 165 of the Financial Stability Act of 2010 ( 12 U.S.C. 5365 ) is amended by adding at the end the following: (l) Criminal penalty for unauthorized disclosures Section 552a(i)(1) of title 5, United States Code, shall apply to a determination made under subsection (d) or (i) based on individually identifiable information submitted pursuant to the requirements of this section to the same extent as such section 552a(i)(1) applies to agency records which contain individually identifiable information the disclosure of which is prohibited by such section 552a or by rules or regulations established thereunder. .