MN SF1811

Authorizes security freezes for individuals under age 16 by allowing parents/representatives to restrict consumer reporting agencies from releasing the child's credit report or information derived from it.

Consumer reporting agencies must place a security freeze within 30 days of receiving a request that includes sufficient proof of identification, authority, and payment of a fee not exceeding $10.

Allows free security freezes if the representative provides a law enforcement report alleging identity fraud against the child or if the agency already has a consumer report on the protected person.

Permits representatives to request removal of the security freeze by providing identification, proof of authority, and a removal fee, which must be processed within 30 days.

Exempts certain entities from the security freeze requirement, including specific persons or entities maintaining databases for criminal records, employment screening, or tenant screening, and becomes effective January 1, 2019.