H.B. 753                                                 VETOES

(III) THE SOCIAL SECURITY OR OTHER TAXPAYER IDENTIFICATION
NUMBER OF THE OBLIGOR;

(IV) ANY OTHER IDENTIFYING INFORMATION NEEDED TO ASSURE
POSITIVE IDENTIFICATION OF THE OBLIGOR; AND

(V) FOR EACH ACCOUNT OF THE OBLIGOR, THE OBLIGOR'S
ACCOUNT NUMBER AND BALANCE.

(3) A REPORT SUBMITTED UNDER PARAGRAPH (1) OF THIS SUBSECTION
SHALL BE PROVIDED TO THE COMPTROLLER IN MACHINE READABLE FORM.

(4)      THE COMPTROLLER SHALL PAY THE FINANCIAL INSTITUTION A
REASONABLE FEE, NOT TO EXCEED THE ACTUAL COSTS INCURRED BY THE
FINANCIAL INSTITUTION TO COMPLY WITH THE REQUIREMENTS OF THIS SECTION,
LESS ANY FEES RECEIVED FROM OTHER UNITS OF THE STATE FOR THE SAME
REPORT.

(5)      THE COMPTROLLER MAY INSTITUTE CIVIL PROCEEDINGS TO
ENFORCE THIS SECTION.

(E) A FINANCIAL INSTITUTION THAT COMPLIES WITH A REQUEST FROM THE
COMPTROLLER BY SUBMITTING A REPORT TO THE COMPTROLLER IN ACCORDANCE
WITH SUBSECTION (D) OF THIS SECTION IS NOT LIABLE UNDER STATE LAW TO ANY
PERSON FOR ANY:

(1) DISCLOSURE OF INFORMATION TO THE COMPTROLLER UNDER THIS
SECTION; OR

(2) OTHER ACTION TAKEN IN GOOD FAITH TO COMPLY WITH THE
REQUIREMENTS OF THIS SECTION.

(F) (1) A FINANCIAL INSTITUTION THAT RECEIVES A REQUEST FOR
INFORMATION UNDER SUBSECTION (C) OF THIS SECTION:

(I) MAY NOT DISCLOSE ANY INFORMATION CONTAINED IN THE
REQUEST EXCEPT TO AN AUTHORIZED EMPLOYEE OF THE FINANCIAL INSTITUTION
ENGAGED IN COMPLYING WITH THE REPORTING REQUIREMENTS OF THIS SECTION;

AND

(II) SHALL ALLOW ITS AUTHORIZED EMPLOYEES TO USE THAT
INFORMATION ONLY AS REQUIRED IN PERFORMING THEIR DUTIES FOR THE
COMPTROLLER AND MAY NOT OTHERWISE COPY, REPRODUCE, RETAIN, OR STORE
ANY INFORMATION EXCEPT AS INSTRUCTED BY THE COMPTROLLER

(2) ANY INFORMATION ACQUIRED BY THE FINANCIAL INSTITUTION
FROM THE COMPTROLLER REMAINS THE PROPERTY OF THE COMPTROLLER AND
MUST BE RETURNED TO THE COMPTROLLER ALONG WITH THE REPORT REQUIRED
UNDER SUBSECTION (D) OF THIS SECTION.

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