AK SB93

Eliminates the $5 fee for placing or removing security freezes on credit reports and credit scores for all consumers, making these services free.

Identity theft victims can obtain security freezes and related services without charge by providing a complaint filed with law enforcement.

Establishes new security freeze provisions for "protected consumers" (incapacitated persons and minors under 16) through their representatives, with a $5 placement fee unless the minor is a victim of identity theft or the minor is under 16 with an existing credit report.

Requires credit reporting agencies to place security freezes on protected consumers' credit reports within 30 days and removes the freeze within 30 days upon request, with updated notice requirements informing consumers of their rights.

Charges $2 fee to temporarily lift a freeze (waived for identity theft victims) with compliance required within 15 minutes for phone/electronic requests or 3 business days for mail requests.