SB 633 Restricts consumer reporting agencies' determination of credit risk scores
Sponsor: Dougherty Co-Sponsor(s)
LR Number: 3363S.01I Fiscal Note: 3363-01
Committee: Financial & Governmental Organizations and Elections
Last Action: 1/9/2006 - Second Read and Referred S Financial & Governmental Organizations and Elections Committee Journal Page: S58
Title: Calendar Position:
Effective Date: August 28, 2006

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Current Bill Summary

SB 633 - 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 act.

This act is identical to SB 991 (2004) and SB 145 (2005).