Pending Law(s) 

New Law(s)

TEXAS H.B. 698 - CONSUMER PRIVACY, PRIVACY (FINANCIAL INSTITUTIONS), PRIVACY (GENERAL)

Sponsor: Representative Brian McCall (R)

Summary: Requires a business that disposes of a business record that contains personal identifying information of a customer of the business to modify, by shredding, erasing, or other means, the personal identifying information to make it unreadable or undecipherable. Defines "personal identifying information" as an individual's: (1) name, date of birth or social security number; (2) mother's maiden name; (3) unique biometric data; (4) unique electronic identification number, address or routing code; (5) telecommunication access device, including debit and credit card information; (6) financial institution account number or any other financial information and (7) telephone number.

http://www.capitol.state.tx.us/tlo/79r/billtext/HB00698I.HTM

Status: Passed. Effective September 01, 2005.


TEXAS S.B. 71 - PRIVACY (MARKETING LIST SALES), PRIVACY (FINANCIAL INSTITUTIONS), PRIVACY (GENERAL)

Sponsor: Senator Eliot Shapleigh (D)

Summary: Prohibits a financial institution from disclosing a consumer's financial information to another person, other than an affiliate, for marketing purposes.

http://www.capitol.state.tx.us/tlo/79R/billtext/SB00071I.HTM

Status: Passed. Effective September 01, 2005.

TEXAS S.B. 76 - PRIVACY (MARKETING LIST SALES), PRIVACY (FINANCIAL INSTITUTIONS), PRIVACY (GENERAL)

Sponsor: Senator Eliot Shapleigh (D)

Summary: Allows a financial institution to disclose a consumer's financial information to another person for marketing purposes only if the consumer authorizes the disclosure. Permits a financial institution to disclose a consumer's financial information to an affiliate without the consumer's authorization. Requires a financial institution to provide a written privacy notice to: (1) each consumer who is transacting business with or using the services of the financial institution and (2) a consumer who begins a relationship with the financial institution at the time the financial institution first communicates in writing or in person with the consumer.

http://www.capitol.state.tx.us/tlo/79R/billtext/SB00076I.HTM

Status: Passed. Effective September 01, 2005.

S.B. 122 - IDENTITY FRAUD, PRIVACY (FINANCIAL INSTITUTIONS), PRIVACY (GENERAL)

Sponsor: Senator Juan Hinojosa (D)

Summary: Prohibits a person from obtaining, possessing, transferring or using personal identifying information of another person without that person's consent and with the intent to obtain a good, service, insurance, an extension of credit or any other object of value in that person's name. Requires a business to protect and safeguard any personal identifying information collected or maintained by the business in the regular course of business. Requires a business to implement and maintain reasonable procedures to prevent the unlawful use of any personal identifying information collected or maintained by the business. Provides penalties for violations.

http://www.capitol.state.tx.us/tlo/79R/billtext/SB00122I.HTM

Status: Passed. Effective September 01, 2005.