Data Security Act of 2014

Summary

Data Security Act of 2014 - Prescribes security procedures which an entity that maintains or communicates sensitive account or personal information must implement and enforce in order to protect the information from an unauthorized use likely to result in substantial harm or inconvenience to the consumer. Grants exclusive enforcement powers to specified federal regulatory agencies with oversight of financial institutions. Denies a private right of action, including a class action, regarding any act or practice regulated under this Act. Prohibits any civil or criminal action in state court or under state law relating to any act or practice governed under this Act. Prescribes data security standards to be implemented by federal agencies. Preempts state law with respect to the responsibilities of any person to protect against and investigate such data security breaches and mitigate any losses or harm resulting from them.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 15 January 2014

   Introduced

   Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   Source: IntroReferral

2. 15 January 2014

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 3 February 2014

   Committee

   Committee on Banking, Housing, and Urban Affairs Subcommittee on National Security and International Trade and Finance. Hearings held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 15 January 2014 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 15 January 2014

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 15 January 2014

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 15 January 2014

  Open at official source

Sponsors

• Rep. Carper, Thomas R. [D-DE-At Large] · D · Sponsor
• Sen. Blunt, Roy [R-MO] · R · Sponsor
• · ssbk00 · Standing

Related records

No cross-record relationships stored yet.