Bill > SB606

This bill amends the Texas Business & Commerce Code to enhance consumer protection in credit reporting. Specifically, it requires consumer reporting agencies (previously referred to as credit reporting agencies) to have reasonable procedures to correct inaccurate information in a consumer's file promptly. If a consumer provides an email address, the agency must send an email within 30 business days of correcting inaccurate information, including a secure link to obtain a free, corrected copy of the consumer's credit report. The law will only apply to corrections submitted on or after its effective date of September 1, 2025. This change aims to improve transparency and provide consumers with easier access to accurate credit information by mandating notification and free report access when errors are fixed.

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https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB606