Bill > A04717

This bill amends the General Business Law to require consumer reporting agencies (credit bureaus) to notify consumers when a request is made for their consumer report. The bill requires the credit bureaus to provide the consumer, upon request, with the name of the entity that requested the report, the nature of the request, the date of the request, and the amount of any potential loan associated with the request. Consumers must provide sufficient proof of identification to the credit bureau before receiving this information. The bill will take effect 90 days after it becomes law.