Sept. 13, 2018 — ICBA and other groups said they support House Financial Services Committee passage of data security legislation up for consideration today. The Consumer Information Notification Requirement Act (H.R. 6743) would implement uniform consumer-notification standards across all Gramm-Leach-Bliley Act regulatory agencies and preempt state and local data-protection and consumer-notification standards.
Ahead of today’s markup, the financial services groups said Rep. Blaine Luetkemeyer’s (R-Mo.) bill should be reported out of committee to take a step toward enacting comprehensive data security legislation.