1. Short title This Act may be cited as the Privacy Notification Technical Clarification Act . 2. Exception to annual notice requirement Section 503 of the Gramm-Leach-Bliley Act ( 15 U.S.C. 6803 ) is amended by adding at the end the following: (g) Additional exception to annual notice requirement (1) Definition In this subsection, the term vehicle financial company means— (A) a financial institution that— (i) is regularly engaged in the business of extending credit for the purchase of vehicles; (ii) is affiliated with a vehicle manufacturer; and (iii) only shares nonpublic personal information of consumers with nonaffiliated third parties that are vehicle dealers; or (B) a financial institution that— (i) regularly engages in the business of extending credit for the purchase or lease of vehicles from vehicle dealers; or (ii) purchases vehicle installment sales contracts or leases from vehicle dealers. (2) Annual disclosure not required A vehicle financial company that has not changed its policies and practices with regard to disclosing nonpublic personal information from the policies and practices that were disclosed in the most recent disclosure sent to consumers in accordance with this section shall not be required to provide an annual disclosure under this section if— (A) the vehicle financial company makes its current policy available to consumers on its website and via mail upon written request sent to a designated address identified for the purpose of requesting the policy or upon telephone request made using a toll free consumer service telephone number; (B) the vehicle financial company conspicuously notifies consumers of the availability of the current policy, including— (i) with respect to consumers who are entitled to a periodic billing statement, a message on the front page of each periodic billing statement