PENNSYLVANIA, November 18 - 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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