SB 145 Prohibits use of posted inquiries in calculating credit risk scores
Sponsor: Dougherty
LR Number: 0330S.01I Fiscal Note:
Committee: Small Business, Insurance & Industrial Relations
Last Action: 1/13/2005 - Second Read and Referred S Small Business, Insurance & Industrial Relations Committee Journal Page: S86
Title: Calendar Position:
Effective Date: August 28, 2005

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Current Bill Summary

SB 145 - 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 991 (2004).