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Title II — Amendments to the Right to Financial Privacy Act of 1978

S. 809 · 119th Congress · Feb 27, 2025 · Lineage

II Amendments to the Right to Financial Privacy Act of 1978

Sec. 201 Warrant requirements and exceptions

The Right to Financial Privacy Act of 1978 (12 U.S.C. 3401 et seq.) is amended—
(1)
in section 1108 (12 U.S.C. 3408)—
(A)
by striking paragraph (2); and
(B)
by redesignating paragraphs (3) and (4) as paragraphs (2) and (3), respectively; and
(2)
in section 1113 (12 U.S.C. 3413)—
(A)
by repealing subsections (a), (d), (e), (f), (g), (i), (l), (m), (n), (p), (q), and (r); and
(B)
by adding at the end the following:

“(s) Access of records

“(1) In general—Notwithstanding any other provision of this title, the Federal Government may not access the financial records or information of an individual in a manner that is prohibited by the Fourth Amendment to the Constitution of the United States with respect to the records or information in question.

“(2) Aid in statutory construction—It is the sense of Congress that, through the enactment of this title, Congress has established a statutory right that ensures that the expectation of privacy that the people of the United States have with respect to financial records is protected.”