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H. Rept. 118-822 1 (2024-12-05)

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                     118TH CONGRESS                                          REPORT
                        2d Session     HOUSE   OF  REPRESENTATIVES           118-822







                                      DATA PRIVACY ACT OF 2023



                     DECEMBER 5, 2024.-Committed to the Committee of the Whole House on the State
                                       of the Union and ordered to be printed




                         Mr.  McHENRY,   from  the Committee  on  Financial Services,
                                           submitted  the following


                                              REPORT

                                                together with

                                             MINORITY VIEWS

                                             [To accompany H.R. 1165]

                       The  Committee  on  Financial Services, to whom  was  referred the
                     bill (H.R. 1165) to  amend   the Gramm-Leach-Bliley Act to mod-
                     ernize the protection of the nonpublic personal information  of indi-
                     viduals with  whom   financial institutions have  customer   or con-
                     sumer  relationship, and for other purposes,  having  considered the
                     same,  reports  favorably  thereon  with  an  amendment    and   rec-
                     ommends   that the bill as amended  do pass.

                                                  CONTENTS
                                                                                      Page
                     Purpose and Sum m ary  ............................................................................................  8
                     Background and Need for  Legislation  ....................................................................  8
                     R elated  H earings  .....................................................................................................  9
                     Com m ittee  Consideration  ........................................................................................  9
                     C om m ittee  V otes  ......................................................................................................  10
                     Com m ittee  Oversight  Findings  ...............................................................................  20
                     Perform ance  Goals  and  Objectives  ........................................................................  20
                     Congressional Budget Office   Estimates  .................................................................  20
                     New Budget Authority, Entitlement Authority, and Tax Expenditures ............      20
                     Federal M andates  Statem  ent  .................................................................................  20
                     Advisory Com m ittee  Statem ent  .............................................................................  20
                     Applicability  to  Legislative  Branch  ........................................................................  21
                     Earm ark Identification  ...........................................................................................  21
                     Duplication of Federal Program s  ...........................................................................  21
                     Section-by-Section Analysis of the Legislation .....................................................  21
                     Comparative Print: Changes in Existing Law for Bill Number: H.R. 1165 ........      23
                     M inority  V iew s  ........................................................................................................  40

                        59-006

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