|SB 0991||Prohibits use of posted inquiries in calculating credit risk scores|
|LR Number:||2786S.01I||Fiscal Note:||2786-01|
|Committee:||Financial and Governmental Organization, Veterans' Affairs & Elections|
|Last Action:||01/15/04 - Second Read and Referred S Financial & Governmental||Journal page:||S118|
|Organization, Veterans' Affairs & Elections Committee|
|Effective Date:||August 28, 2004|
SB 991 - This act prohibits a consumer reporting agency from determining the credit risk score of a resident of this state by the number of inquiries posted on a consumer's credit files. Any consumer who receives a credit risk score in violation of this act shall have the right to bring a civil action and seek injunctive relief. The Attorney General is also authorized to prosecute civil and criminal actions authorized by this section.
This act is identical to SB 670 (2003).