DATA MATCHING BY MULTISTATE FINANCIAL INSTITUTIONS.

SEC. 406. DATA MATCHING BY MULTISTATE FINANCIAL INSTITUTIONS. (a) Use of Federal Parent Locator Service.—Section 466(a)(17)(A)(i) of the Social Security Act (42 U.S.C. 666(a)(17)(A)(i)) is amended by inserting “and the Federal Parent Locator Service in the case of financial institutions doing business in two or more States,” before “a data match system”. (b) Facilitation of Agreements.—Section 452 of such Act (42 U.S.C. 652) is amended by adding at the end the following: “(l) The Secretary, through the Federal Parent Locator Service, may aid State agencies providing services under State programs112 STAT. 672 operated pursuant to this part and financial institutions doing business in two or more States in reaching agreements regarding the receipt from such institutions, and the transfer to the State agencies, of information that may be provided pursuant to section 466(a)(17)(A)(i), except that any State that, as of the date of the enactment of this subsection, is conducting data matches pursuant to section 466(a)(17)(A)(i) shall have until January 1, 2000, to allow the Secretary to obtain such information from such institutions that are operating in the State. For purposes of section 1113(d) of the Right to Financial Privacy Act of 1978, a disclosure pursuant to this subsection shall be considered a disclosure pursuant to a Federal statute.”. (c) Protection Against Liability.—Section 469A(a) of such Act (42 U.S.C. 669a(a)) is amended by inserting “, or for disclosing any such record to the Federal Parent Locator Service pursuant to section 466(a)(17)(A)” before the period.