MO SB801

Consumer reporting agencies must block information identified by a consumer as resulting from alleged identity theft within four business days of receiving proof of identity, a copy of an identity theft report, identification of the fraudulent information, and a statement that the information does not relate to any transaction by the consumer.

Consumer reporting agencies must promptly notify the information furnisher that the information may result from identity theft, an identity theft report has been filed, a block has been requested, and the effective dates of the block.

Consumer reporting agencies may decline or rescind a block if they reasonably determine the block was made in error, the request was based on material misrepresentation by the consumer, or the consumer obtained goods, services, or money as a result of the blocked transaction.

The section does not apply to resellers who do not furnish or resell the identified consumer report and who inform consumers they may report identity theft to the Federal Trade Commission.

Check services companies are exempt from blocking requirements except that they must not report information identified in an identity theft report to national consumer reporting agencies beginning four business days after receipt of the required documentation.