[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5457 Introduced in House (IH)]







107th CONGRESS
  2d Session
                                H. R. 5457

   To amend the Gramm-Leach-Bliley Act to exempt attorneys from the 
                    privacy provisions of that Act.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 25, 2002

 Mrs. Biggert (for herself, Mrs. Maloney of New York, Mr. Gillmor, Mr. 
 Watt of North Carolina, Mr. Shays, Mrs. Jones of Ohio, Mr. Manzullo, 
 Mr. Mascara, and Mr. Frank) introduced the following bill; which was 
            referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
   To amend the Gramm-Leach-Bliley Act to exempt attorneys from the 
                    privacy provisions of that Act.

    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 ``Judicial Code of Conduct Privacy 
Clarification Act''.

SEC. 2. EXEMPTION.

    Section 509(3) of the Gramm-Leach-Bliley Act is amended by adding 
at the end the following new subparagraph:
                    ``(E) Attorneys.--Notwithstanding subparagraph (A), 
                the term `financial institution' does not include 
                attorneys at law who are subject to, and in compliance 
                with, regulation in the form of rules of professional 
                conduct promulgated either by the court of highest 
                appellate authority or by the principal legislative 
                body of any State of the United States, the District of 
                Columbia, any territory of the United States, Puerto 
                Rico, Guam, American Samoa, the Trust Territory of the 
                Pacific Islands, the Virgin Islands, or the Northern 
                Mariana Islands.''.
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