HB 64 Summary

• Allows parents or legal representatives to place security freezes on the credit records of minors under age 16 and incapacitated persons to protect against identity theft.

• Consumer reporting agencies must place a protected consumer security freeze within 30 days of receiving a valid request that includes sufficient proof of identification, authority, and payment of up to $5 fee.

• Security freezes remain in effect until removed by the protected consumer or their representative, and prohibit release of consumer reports except for credit monitoring subscriptions and specified purposes.

• Consumer reporting agencies may not charge fees for placing or removing freezes if the protected consumer is under 16 with an existing consumer report, or if identity fraud has been reported.

• Violations resulting in negligent release of frozen credit information entitle the protected consumer to notification within 5 business days, civil action for injunctive relief, civil penalties up to $1,000 per violation, and recovery of expenses and attorney's fees.