August 20, 2003
* Financial Privacy Bill Passes California Legislature

The California State Senate passed SB 1 yesterday, by a vote of 32 to 6.

  • This bill would enact the California Financial Information Privacy Act, which would require a financial institution, as defined, to provide a specified written form to a consumer relative to the sharing of the consumer's nonpublic personal information.

  • See also, Lawmakers approve privacy bill in time to head off initiative.

  • ACLU Hails Milestone as California Legislature Enacts Toughest Financial Privacy Protections in the Nation

  • Permanent Link       Topic(s): Legislation, Privacy