The folks over at Politico are reporting that the Senate Judiciary Committee struck a deal Wednesday night regarding the Judicial Redress Act. The committee adopted Senator John Cornyn’s amendment that ties the bill’s privacy protections to the proposed new Safe Harbor Agreement being negotiated between the U.S. and the EU. The Judicial Redress Bill attempts to strike a balance between providing EU citizens a judicial forum in which to bring privacy related claims and the need for the U.S. to protect national security. The Senate and House now have to agree on a bill to send to the President. Thousands of U.S. companies are watching with interest in the hopes that a new Safe Harbor agreement can be reached to avoid a last-minute scramble to put model data transfer agreements or binding corporate rules in place to allow the free flow of data across borders.