Current law forbids a financial institution from disclosing consumer personal financial records unless authorized by the individual or by certain Connecticut commissioners.
HB 5146 amends the law for persons deputized by commissioners to disclose records.
Adds clause for the financial institution to disclose within 20 calendar days of notice.
A person who knowingly and willfully induces or attempts to induce an officer or staff of a financial institution to disclose financial records is guilty of a class C misdemeanor.
Legislative History
On Feb. 15, 2024, bill introduced in the House; on Apr. 23, 2024, bill passed in House.
On Apr. 25, 2024, bill was introduced in Senate; on May 8, 2024, bill passed Senate.
On May 17, 2024, assigned Public Act 24-84; on May 23, 2024, bill sent to governor.
Effectiveness
If enacted, bill becomes effective on Oct. 1, 2024.
May 30, 2024 Governor Approval
On May 30, 2024, CT LEG notified governor approved HB 5146, effective Oct. 1, 2024.
