Amendment ID: S2455-14-R1

Redraft Amendment 14

Credit Reporting Agencies

Messrs. Tarr and O'Connor move to amend the amendment in section 20, by striking out the proposed twelfth paragraph and inserting in place thereof the following paragraph:-

“A consumer reporting agency that compiles and maintains files on consumers on a nationwide basis and receives a request by a consumer for a security freeze shall identify, to the best of its knowledge, any other consumer reporting agency that compiles and maintains files on consumers on a nationwide basis and inform consumers of appropriate websites, toll-free telephone numbers and mailing addresses that would permit the consumer to place, lift or remove a security freeze from those other consumer reporting agencies. Upon sending confirmation of a security freeze to a consumer under the third paragraph of this section, a consumer reporting agency shall refer the freeze request, along with the contact information the agency used to send its confirmation of the security freeze, but excluding a personal identification number or other credentials that would allow the consumer to lift or remove the security freeze, to other consumer reporting agencies that compile and maintain files on consumers on a nationwide basis. A consumer reporting agency that has received a referral and has not placed a security freeze on that consumer's account within 2 business days shall, not later than the third business day after receiving the referral, use reasonable efforts to contact the consumer and inform the consumer how a security freeze may be placed on the consumer's account held by that consumer reporting agency. The requirement to contact the consumer shall not apply if no contact information is provided in the referral and the consumer reporting agency is unable to locate contact information for that consumer in its database.”.