Security freezes; protected consumers, penalties. (HB543)

Introduced By

Del. Eileen Filler-Corn (D-Fairfax Station) with support from co-patrons Del. Dave Albo (R-Springfield), and Sen. Jennifer McClellan (D-Richmond)

Progress

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

Description

Security freezes; protected consumers; penalties. Establishes a procedure by which a protected consumer's representative may request that a consumer reporting agency place a security freeze on the protected consumer's credit report. A protected consumer is an individual resident of the Commonwealth who is (i) younger than age 16 at the time a request for the placement of a security freeze is made or (ii) an incapacitated person for whom a guardian or conservator has been appointed. If a freeze is established for a protected consumer, a consumer reporting agency is prohibited from releasing the protected consumer's credit report, any information derived from it, or any record created for the protected consumer, unless the freeze is removed. A fee of up to $5 may be charged for placing or removing a freeze, except identity theft victims and persons under age 16 for whom the agency has a credit report are not required to pay a fee. Penalties and enforcement mechanisms are identical to those provided for nonprotected consumers under the existing security freeze statute. The measure will become effective January 1, 2015. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/06/2014Committee
01/06/2014Prefiled and ordered printed; offered 01/08/14 14101745D
01/06/2014Referred to Committee on Commerce and Labor
01/16/2014Assigned C & L sub: Subcommittee #2
01/23/2014Impact statement from DPB (HB543)
01/23/2014Subcommittee recommends reporting with amendment(s) (9-Y 0-N)
01/30/2014Reported from Commerce and Labor with substitute (20-Y 0-N) (see vote tally)
01/30/2014Committee substitute printed 14104013D-H1
02/03/2014Read first time
02/04/2014Read second time
02/04/2014Committee substitute agreed to 14104013D-H1
02/04/2014Engrossed by House - committee substitute HB543H1
02/05/2014Read third time and passed House BLOCK VOTE (95-Y 0-N)
02/05/2014VOTE: BLOCK VOTE PASSAGE (95-Y 0-N) (see vote tally)
02/06/2014Constitutional reading dispensed
02/06/2014Referred to Committee on Commerce and Labor
02/10/2014Impact statement from DPB (HB543H1)
02/24/2014Reported from Commerce and Labor (16-Y 0-N) (see vote tally)
02/26/2014Constitutional reading dispensed (38-Y 0-N)
02/27/2014Read third time
02/27/2014Passed Senate (40-Y 0-N)
03/04/2014Enrolled
03/04/2014Bill text as passed House and Senate (HB543ER)
03/04/2014Signed by Speaker
03/05/2014Impact statement from DPB (HB543ER)
03/07/2014Signed by President
04/04/2014G Approved by Governor-Chapter 570 (effective 1/1/15)
04/04/2014G Acts of Assembly Chapter text (CHAP0570)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 55 seconds.