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IN HB1239
Bill
Status
1/16/2018
Primary Sponsor
Carey Hamilton
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AI Summary
HB 1239 Summary
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Requires nationwide consumer reporting agencies to develop procedures by January 1, 2019 allowing consumers to submit a single security freeze request that can be simultaneously referred to multiple credit reporting agencies.
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Permits credit reporting agencies to coordinate with each other to standardize information requirements, documentation forms, and submission methods to streamline the security freeze request process for consumers.
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Authorizes the Indiana Attorney General to collaborate with credit reporting agencies in developing an online portal enabling consumers to submit one unified security freeze request to all nationwide agencies at once.
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Requires consumer reporting agencies to fulfill security freeze requests received directly from consumers, through referrals from other agencies, or through the online portal after December 31, 2018, if they maintain a file on the consumer and receive appropriate proof of identity.
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Applies the same requirements and procedures to security freezes for protected consumers (such as minors), with conforming amendments to existing law governing those freezes.
Legislative Description
Security freezes for consumer reports. Amends the statute governing security freezes for consumer reports as follows: (1) Requires each consumer reporting agency that compiles and maintains files on consumers on a nationwide basis to, not later than January 1, 2019, develop and maintain procedures to do the following: (A) Enable a consumer who makes a security freeze request (defined as a request to place, release, temporarily lift, or remove a security freeze) to elect, at the time the security freeze request is made, to have the consumer reporting agency refer the security freeze request to one or more of the
Last Action
First reading: referred to Committee on Financial Institutions
1/16/2018