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Bill > A02504


NY A02504

NY A02504
Requires credit reporting agencies to furnish proof of identity theft to creditors upon debtor's request.


summary

Introduced
01/26/2023
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 credit reporting agencies to furnish proof of identity theft to creditors upon debtor's request

AI Summary

This bill requires credit reporting agencies to furnish proof of identity theft to creditors upon the debtor's request. The bill specifies the types of documentation that will suffice as proof of identity theft, such as a police report and a written statement from the debtor. The credit reporting agency is required to keep this information on file for seven years. The bill aims to help consumers who have been victims of identity theft by providing a mechanism for them to alert creditors and potentially resolve any fraudulent debts.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

referred to consumer affairs and protection (on 01/03/2024)

Bill Topics

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

bill text


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