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Senate panel approves amendment clarifying banks' response to Protection and Advocacy requests; amended SB 2164 moves forward
Summary
The Senate Human Services Committee adopted an amendment to Senate Bill 2164 clarifying how banks should respond to Protection and Advocacy information requests and passed the amended bill on a unanimous roll call.
The Senate Human Services Committee on Jan. 15 adopted an amendment to Senate Bill 2164 that clarifies how banks should respond to information requests from Protection and Advocacy (P&A) entities and then voted to pass the bill as amended.
Committee members said the amendment resolves an interpretation dispute between P&A and several banks about whether newly issued bank guidance made P&A requests fall outside banks' obligations. "Banks got new guidelines on how to release information," a…
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