Privacy bill not likely this year - Tech News - CNET.com
Stearns' bill, by contrast, has won the backing of many industry groups. It would require businesses to reveal how they handle customer information, and allow customers to prevent that information from being shared with others.Businesses support the bill because it would shield them from consumer lawsuits and would override more stringent state laws.
Many privacy advocates oppose Stearns' bill for the same reason.