MI HB5923

Prohibits denying credit or utility service to identity theft victims solely based on victim status if the business had prior knowledge, provided the victim submits a police report and federal trade commission affidavit or acceptable alternative.

Prohibits sending unsolicited checks or credit cards to consumers without existing credit relationships or recent credit applications; violators are liable for unauthorized use charges, fees, and interest rather than consumers.

Requires businesses extending credit to exercise reasonable identity verification procedures, with compliance to USA PATRIOT Act regulations satisfying this requirement.

Requires data brokers owning or licensing personal information databases to display conspicuous opt-out notices on their webpages allowing consumers to demand their personal identifying information not be shared or sold to third parties.

Establishes misdemeanor penalties of up to $1,000 for first violation, $2,000 for second violation, and $3,000 for third or subsequent violations, with imprisonment up to 93 days; does not limit civil remedies under state or federal law.