HI HB651

Requires consumer credit reporting agencies to create a record for protected consumers (minors under 16 and incapacitated persons) who lack an existing credit file.

Permits a representative of a protected consumer to place a security freeze on the protected consumer's credit report or created record by submitting proof of identification, proof of authority, and paying a fee.

Consumer credit reporting agencies must place security freezes within 30 days of receiving a valid request and may not release the protected consumer's credit report or information without authorization.

Security freezes remain in effect until removed by the protected consumer or their representative, who must provide identification and proof that the representative's authority is no longer valid.

Limits fees to a maximum of $5 per placement or removal, with no fee charged if the consumer has a police report of identity theft or is under 16 with an existing credit file; effective January 1, 2018.