Business Services Industry
Consumer-Rights Measure on Information Privacy Returns to California Senate.
Knight Ridder/Tribune Business News, December, 2002
By Andrew LaMar, Contra Costa Times, Walnut Creek, Calif. Knight Ridder/Tribune Business News
Dec. 3--SACRAMENTO, Calif.--A measure to give consumers a say over whether financial institutions can sell or share their private information with affiliates and other companies, a hotly debated proposal that has failed to win the Legislature's blessing for three years running, was resurrected Monday by Sen. Jackie Speier.
The Democrat from Hillsborough joined with Senate President Pro Tem John Burton, D-San Francisco, to introduce SB1, a bill similar to legislation Speier pushed last year and earlier this year but was defeated in August by the Assembly.
At the same time, a coalition of financial services companies and pro-business interests...
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