S. 423: Privacy Notice Modernization Act of 2015

114th Congress · introduced 2015-02-10 · Finance and Financial Sector · Latest: Committee on Banking, Housing, and Urban Affairs. Hearings held.

federal

Follow this bill, step by step

Where it came from: introduced 2015-02-10 · official record
Who proposed it: Sen. Moran, Jerry [R-KS] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Committee on Banking, Housing, and Urban Affairs. Hearings held. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Privacy Notice Modernization Act of 2015

Plain summary

Privacy Notice Modernization Act of 2015 Amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Privacy Notice Modernization Act of 2015

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Moran, Jerry [R-KS] · 50 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Mike Crapo (R-ID), Tom Cotton (R-AR), Tim Scott (R-SC), Elizabeth Warren (D-MA), Jeff Merkley (D-OR), Mark R. Warner (D-VA), Angus S. King, Jr. (I-ME), Mike Rounds (R-SD), John Hoeven (R-ND), John Boozman (R-AR), Susan M. Collins (R-ME), John Barrasso (R-WY), Christopher Murphy (D-CT), John Thune (R-SD), Ron Johnson (R-WI), Rand Paul (R-KY), Chuck Grassley (R-IA), Shelley Moore Capito (R-WV), Steve Daines (R-MT), James E. Risch (R-ID), Ted Cruz (R-TX), Lisa Murkowski (R-AK), Richard J. Durbin (D-IL), Amy Klobuchar (D-MN), Dan Sullivan (R-AK), Tim Kaine (D-VA), Christopher A. Coons (D-DE), Jeanne Shaheen (D-NH)

Sponsor's campaign money: Sen. Moran, Jerry [R-KS] reported raising $1.6 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Exemption: A rule that removes certain people, property or activities from a tax or requirement.
Rulemaking: The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-114s423.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/114/s>

Record fed-us-cong114-s423 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114