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S. 3722 - Prevention of Private Information Dissemination Act of 2018

Sponsor: John Kennedy (R)
Introduced: 2018-12-06
Bill Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
 
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Full Text


115th CONGRESS
2d Session
S. 3722


    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.


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.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Prevention of Private Information Dissemination Act of 2018”.

SEC. 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.”.


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