2005 Senate Bill 833

Mandate credit agencies honor “security freeze” request

Introduced in the Senate

Oct. 20, 2005

Introduced by Sen. Michael Switalski (D-10)

To require credit reporting agencies to honor a “security freeze” request from a consumer, which prohibits the release of information to a third party without prior express authorization from the consumer (with certain exceptions), and to establish regulations governing security freeze procedures and requirements. The bill allows the agencies to charge a fee for this service.

Referred to the Committee on Banking and Financial Institutions