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Code · BILL · 115th Congress · H.R. 4028 (Introduced in House) — To amend the Federal Financial Institutions Examination Council Act of 1978 to establish cybersecurity supervision an... · Sec. 101

Sec. 101. Cybersecurity supervision and examination of large consumer reporting agencies

120 words·~1 min read·/bill/115/hr/4028/ih/section-101·

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The Federal Financial Institutions Examination Council Act of 1978 ( 12 U.S.C. 3301 et seq.) is amended by adding at the end the following: Large consumer reporting agencies shall be subject to cybersecurity supervision and examination by the designated agency. The Council shall— establish uniform cybersecurity supervision and examination procedures for purposes of subsection (a); and designate a Federal banking agency, as defined in section 509 of the Gramm-Leach-Bliley Act ( 15 U.S.C. 6809 ), to serve as the designated agency under subsection (a).
The term large consumer reporting agency has the meaning given the term consumer reporting agency that compiles and maintains files on consumers on a nationwide basis under section 603(p) of the Fair Credit Reporting Act. .
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Sec. 101
Cybersecurity supervision and examination of large consumer reporting agencies
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