Bill

Bill > S1757


NJ S1757

Requires reporting agencies to report to Division of Consumer Affairs number of free consumer reports furnished to New Jersey resident consumers annually.


summary

Introduced
02/28/2022
In Committee
02/06/2023
Crossed Over
02/02/2023
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Requires reporting agencies to report to Division of Consumer Affairs number of free consumer reports furnished to New Jersey resident consumers annually.

AI Summary

This bill requires reporting agencies that compile and maintain consumer credit files on a nationwide basis to annually report to the New Jersey Division of Consumer Affairs the number of free consumer reports they have furnished to New Jersey resident consumers in the preceding calendar year. The report must include the number of New Jersey residents who received one free report and the number who received two free reports. Any reporting agency that fails to comply with this requirement will be liable for a penalty of $10,000.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Received in the Assembly, Referred to Assembly Consumer Affairs Committee (on 02/06/2023)

bill text


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