Bill

Bill > S01256


NY S01256

NY S01256
Requires that consumer reporting agencies contact consumers when a request is made for their consumer reports; requires consumer reporting agencies to provide the consumer with information pertaining to the entity that requested the consumer report.


summary

Introduced
01/11/2023
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the general business law, in relation to requiring consumer reporting agencies to contact consumers when requests are made for their consumer reports

AI Summary

This bill requires consumer reporting agencies to notify consumers when a request is made for their consumer report. Once notified, the consumer can contact the agency and request information about the entity that requested the report, the nature of the request, the date of the request, and the amount of any potential loan relating to the request. The consumer must provide sufficient proof of identification to the agency before receiving this information.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

REFERRED TO CONSUMER PROTECTION (on 01/03/2024)

Bill Topics

Banking, Finance, and Domestic Commerce
  • ‐ Consumer Finance and Credit, including Credit Cards

bill text


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