SB 1394 Summary

• Prohibits employers from failing to hire, discharging, or discriminating against individuals based on credit reports or credit history, and bars employers from inquiring about applicants' or employees' credit information.

• Creates exceptions allowing credit checks when required by law, for positions involving access to confidential financial information, financial institutions, law enforcement/paramedics/firefighters, positions with financial fiduciary responsibilities, and positions requiring payroll access.

• Requires employers obtaining credit reports to get written consent each time, disclose reasons for access, bear all costs, maintain confidentiality, and prohibits using credit reports as the sole factor in employment decisions.

• Establishes liability for employers violating the statute, requiring payment of actual damages and reasonable attorney fees to injured individuals.

• Defines "credit history" as information about an individual's borrowing and repayment behavior, financial condition, debts, payment history, or account balances obtained from third parties.