S.1924 / 106th Congress

Financial Information Privacy and Security Act

Sponsor introductory remarks on measure. (CR S11778-11779)

Congressional Research Service

Official summary

Version 00 · Introduced in Senate · Nov 16, 1999

Financial Information Privacy and Security Act - Directs the Federal financial regulatory authorities to jointly promulgate final rules to protect the privacy of confidential information relating to customers of financial institutions subject to the regulatory purview of the Federal banking agencies and the Securities and Exchange Commission.Permits an individual to bring a civil action, for punitive as well as compensatory or liquidated ($5,000) damages and attorneys fees, for violations of this Act.

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People & committees

Who introduced it

Sen. Leahy, Patrick J. [D-VT] · D–VT

Committees

Banking, Housing, and Urban Affairs Committee

7 cosponsorship records, including any withdrawals

Legislative record

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

Dec 14, 2000
Sponsor introductory remarks on measure. (CR S11778-11779)
Nov 16, 1999
Read twice and referred to the Committee on Banking.
Nov 16, 1999
Sponsor introductory remarks on measure. (CR S14614-14615)
Nov 16, 1999
Introduced in Senate

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in Senate · Nov 16, 1999 Formatted Text PDF

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Aug 20, 2025. Consult Congress.gov for the current record.

AI Conversation Starters

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Neutral evidence review

Objective

Analyze S.1924 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss S.1924, 106th Congress: Financial Information Privacy and Security Act

Official record: https://www.congress.gov/bill/106th-congress/senate-bill/1924

Text version to examine: Introduced in Senate · 1999-11-16.

Official full text: https://www.congress.gov/106/bills/s1924/BILLS-106s1924is.htm

Imported record last updated by the source: 2025-08-20T14:19:54Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze S.1924 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

Fairness and public impact

Progressive lens

Examine S.1924 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

View full prompt & sources

Discuss S.1924, 106th Congress: Financial Information Privacy and Security Act

Official record: https://www.congress.gov/bill/106th-congress/senate-bill/1924

Text version to examine: Introduced in Senate · 1999-11-16.

Official full text: https://www.congress.gov/106/bills/s1924/BILLS-106s1924is.htm

Imported record last updated by the source: 2025-08-20T14:19:54Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1924 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

Institutions and government scope

Conservative lens

Examine S.1924 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

View full prompt & sources

Discuss S.1924, 106th Congress: Financial Information Privacy and Security Act

Official record: https://www.congress.gov/bill/106th-congress/senate-bill/1924

Text version to examine: Introduced in Senate · 1999-11-16.

Official full text: https://www.congress.gov/106/bills/s1924/BILLS-106s1924is.htm

Imported record last updated by the source: 2025-08-20T14:19:54Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1924 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

Liberty lens

Examine S.1924 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss S.1924, 106th Congress: Financial Information Privacy and Security Act

Official record: https://www.congress.gov/bill/106th-congress/senate-bill/1924

Text version to examine: Introduced in Senate · 1999-11-16.

Official full text: https://www.congress.gov/106/bills/s1924/BILLS-106s1924is.htm

Imported record last updated by the source: 2025-08-20T14:19:54Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1924 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.