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House Bill 1082
ARCHIVE (2007)
Latest Information
| | DIGEST OF HB1082 (Updated February 7, 2007 2:52 pm - DI 84)
Security freezes on credit files. Provides that a consumer may prevent access to the consumer's credit report, or any information derived from the consumer's credit file, by requesting that a consumer reporting agency place a security freeze in the credit file. Prohibits a consumer reporting agency from releasing any information from a credit file that is subject to a security freeze unless the consumer requests the release of the information: (1) to a specified third party; or (2) for a specified period. For a credit file subject to a security freeze, sets forth procedures for a consumer to request the: (1) release of information from the credit file; or (2) removal of the security freeze. Requires a consumer reporting agency to develop, not later than September 1, 2008, secure procedures to process, within 15 minutes of receiving a request, a telephonic or an electronic authorization from a consumer to: (1) release information from a credit file subject to a security freeze; or (2) remove a security freeze. Provides that specified persons, including utilities and licensed insurers, may receive information from a credit file that is subject to a security freeze. Provides that specified persons are not required to place a security freeze in a consumer's credit file. Makes a violation of the requirements and restrictions concerning security freezes a Class A infraction. Provides a cause of action to a consumer aggrieved by a person's negligent or willful failure to comply with the requirements and restrictions concerning security freezes. |
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