H 358
An Act relative to the security of personal financial information
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- Passed House
- Passed Senate
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Bill overview
This bill, An Act relative to the security of personal financial information, aims to strengthen protections for consumers’ financial data. It seeks to enhance security measures related to the handling and storage of this sensitive information. The bill likely focuses on improving data security practices and potentially increasing accountability for organizations that manage personal financial data. It is part of a series of similar bills addressing this topic.
Key provisions
- Requires enhanced security measures for handling personal financial information.
- Potentially mandates regular security audits for organizations dealing with this data.
- May establish stricter rules regarding data breach notification.
- Could include provisions for consumer education regarding financial data security.
- Likely addresses data retention policies to minimize the amount of time personal financial information is stored.
Who is affected
- Consumers
- Financial institutions
- Businesses that handle personal financial data
- Government agencies that process financial information
Notable changes
- This bill is part of a series of similar legislative efforts to improve financial data security.
- The specific changes implemented will depend on the final version of the bill.
- It may build upon existing data security regulations.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Michael S. Day
Cosponsor
Michael S. Day
Arguments in favor
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No arguments in favor have been submitted.
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Bill H.358 194th (Current)
An Act relative to the security of personal financial information
By Representative Day of Stoneham, a petition (accompanied by bill, House, No. 358) of Michael S. Day relative to the security of personal financial information. Consumer Protection and Professional Licensure.
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Bill Information
Bill Information
Presenter: Michael S. Day
Tabs
Bill History Petitioners Hearing Attendance
Bill History
Displaying 5 actions for Bill H.358
| Date | Branch | Action |
| 2/27/2025 | House | Referred to the committee on Consumer Protection and Professional Licensure |
| 2/27/2025 | Senate | Senate concurred |
| 9/19/2025 | Joint | Hearing scheduled for 10/01/2025 from 10:00 AM-01:00 PM in A-2 |
| 9/29/2025 | Joint | Hearing rescheduled to 10/01/2025 from 10:00 AM-01:00 PM in B-2 and Virtual Hearing location changed |
| 12/8/2025 | House | Accompanied a new draft, see H4807 |
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