PRINTER'S NO. 1232
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
955
Session of
2021
INTRODUCED BY BROOKS, MARTIN, BARTOLOTTA, MASTRIANO, MENSCH,
J. WARD, PITTMAN AND STEFANO, NOVEMBER 18, 2021
REFERRED TO BANKING AND INSURANCE, NOVEMBER 18, 2021
AN ACT
Amending the act of November 30, 1965 (P.L.847, No.356),
entitled "An act relating to and regulating the business of
banking and the exercise by corporations of fiduciary powers;
affecting persons engaged in the business of banking and
corporations exercising fiduciary powers and affiliates of
such persons; affecting the shareholders of such persons and
the directors, trustees, officers, attorneys and employes of
such persons and of the affiliates of such persons; affecting
national banks located in the Commonwealth; affecting persons
dealing with persons engaged in the business of banking,
corporations exercising fiduciary powers and national banks;
conferring powers and imposing duties on the Banking Board,
on certain departments and officers of the Commonwealth and
on courts, prothonotaries, clerks and recorders of deeds;
providing penalties; and repealing certain acts and parts of
acts," in general provisions, providing for prohibition
regarding information about an individual's personal banking
transactions.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The act of November 30, 1965 (P.L.847, No.356),
known as the Banking Code of 1965, is amended by adding a
section to read:
Section 118. Prohibition Regarding Information About an
Individual's Personal Banking Transactions.
(a) Prohibition--A financial institution may not be required
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