Bill > A08906

This bill amends the New York General Business Law to require entities that receive a consumer credit report to provide the consumer with a notice about their right to obtain a security freeze. Specifically, when an entity receives a credit report, they must provide the consumer with information about how to place, temporarily lift, or permanently lift a security freeze, including contact details for credit reporting agencies. The bill also prohibits these notices from including any advertising or promotional materials for paid services. A security freeze is a tool that helps prevent identity theft by restricting access to a consumer's credit report, making it more difficult for fraudsters to open new accounts in the consumer's name. The legislation aims to enhance consumer protection by ensuring that individuals are informed about their rights to control access to their credit information and have a clear, advertisement-free mechanism for implementing security measures.

Budget and Finance, Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A8906