2013 Senate Bill 174 / Public Act 229

Mandate credit agency "security freeze”

Introduced in the Senate

Feb. 12, 2013

Introduced by Sen. John Proos (R-21)

To require credit reporting agencies to honor a “security freeze” request made on behalf of a minor under age 16 or an incapacitated individual, which prohibits the release of information to a third party without prior express authorization from the consumer. The bill controls the prices the agencies may charge for this service.

Referred to the Committee on Banking and Financial Institutions

Oct. 8, 2013

Reported without amendment

With the recommendation that the substitute (S-2) be adopted and that the bill then pass.

Oct. 10, 2013

Substitute offered

To expand the scope of the proposed law to include all consumers, not just "protected" ones.

The substitute passed by voice vote

Oct. 16, 2013

Passed in the Senate 38 to 0 (details)

To require credit reporting agencies to honor a “security freeze” request made by a consumer or on behalf of a minor under age 16 or an incapacitated individual, which prohibits the release of information to a third party without prior express authorization from the consumer. The bill controls the prices the agencies may charge for this service.

Received in the House

Oct. 16, 2013

Referred to the Committee on Financial Services

Oct. 30, 2013

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Nov. 14, 2013

Passed in the House 110 to 0 (details)

To require credit reporting agencies to honor a “security freeze” request made by a consumer or on behalf of a minor under age 16 or an incapacitated individual, which prohibits the release of information to a third party without prior express authorization from the consumer. The bill controls the prices the agencies may charge for this service.

Dec. 5, 2013

Received

Dec. 10, 2013

Amendment offered

To correct a drafting error.

The amendment passed by voice vote

Passed in the House 109 to 0 (details)

To require credit reporting agencies to honor a “security freeze” request made by a consumer or on behalf of a minor under age 16 or an incapacitated individual, which prohibits the release of information to a third party without prior express authorization from the consumer. The bill controls the prices the agencies may charge for this service.

Received in the Senate

Dec. 11, 2013

Passed in the Senate 35 to 0 (details)

To concur with the House-passed version of the bill.

Signed by Gov. Rick Snyder

Dec. 21, 2013