HB1508: Credit reports; security breaches.

Chief Patron

Del. Ken Plum (D-36)

Ken Plum (D-36)
Reston, VA
Served: 1982–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

01/24/2006: In Commerce and Labor Committee

View Entire History

Summary

Credit reports; security breaches.  Requires consumer reporting agencies to provide individuals with monthly access to their credit reports for a fee of up to $2 per report, for up to 12 reports per year. Additional reports would be available for a fee of $8. The measure also requires data collectors that keep personal information on individuals to notify a Virginia resident when there has been a breach of the security of the data. The notice shall include a description of the categories of information that were acquired by an unauthorized person and a toll-free number that the individual may use to learn what types of information were maintained about the individual. An individual receiving such a notice may obtain, at no cost, consumer credit reports beginning two months following the breach of security and continuing on a quarterly basis for two years thereafter.   View Full Text »