; and (11) the term sell means to disclose information about an individual to another person for monetary or other valuable consideration. (b) Modification of definition If the Commission promulgates regulations under section 4(a), the Commission may modify, at any time, the definition of the term record under subsection (a) of this section as necessary to conform to new Federal laws or regulations. 3. Recommended privacy requirements for providers of internet services (a) In general Not later than 180 days after the date of enactment of this Act, the Commission shall submit to the appropriate committees of Congress detailed recommendations for privacy requirements that Congress could impose on covered providers that would be substantially similar, to the extent practicable, to the requirements applicable to agencies under the Privacy Act of 1974. (b) Subjects for recommendations The recommendations under subsection (a) shall address the issues described in section 4. 4. Regulations imposing privacy requirements on providers of internet services (a) Regulations (1) Proposed regulations Not earlier than 1 year after the date on which the Commission submits detailed recommendations for privacy requirements under section 3(a), and not later than 15 months after that date, the Commission shall publish and submit to the appropriate committees of Congress proposed regulations to impose privacy requirements on covered providers that are substantially similar, to the extent practicable, to the requirements applicable to agencies under the Privacy Act of 1974. (2) Final regulations If a law imposing privacy requirements on covered providers that are substantially similar, to the extent practicable, to the requirements applicable to agencies under the Privacy Act of 1974 is not enacted by the date that is 2 years after the date of enactment of this Act, the Commission shall, not later than 27 months after that date of enactment, promulgate final regulations that impose such privacy requirements. (b) Contents In