HB 1149

HB 1149 - AS INTRODUCED

AN ACT relative to the provision of credit reports to consumers.

SPONSORS: Rep. Derby, Carr 7; Rep. Dorsett, Graf 16; Rep. Mooney, Hills 58; Rep. Stevens, Carr 7; Rep. Bemis, Straf 67

This bill requires consumer reporting agencies to provide consumers with one free consumer report each year.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

AN ACT relative to the provision of credit reports to consumers.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Consumer Credit Reporting; Charges for Certain Disclosures; Obligation to Provide One Consumer Report Without Charge. Amend RSA 359-B:12 to read as follows:

I. A consumer reporting agency shall make all disclosures pursuant to RSA 359-B:9 and furnish all consumer reports pursuant to RSA 359-B:11, VII, without charge to the consumer if, within 30 days after receipt by such consumer of a notification pursuant to RSA 359-B:15 or notification from a debt collection agency affiliated with such consumer reporting agency stating that the consumer's credit rating may be or has been adversely affected, the consumer makes a request under RSA 359-B:9 or 359-B:11, VII. Otherwise, the consumer reporting agency may impose a reasonable charge on the consumer for making disclosure to such consumer pursuant to RSA 359-B:9, the charge for which shall be indicated to the consumer prior to making disclosure; and for furnishing notifications, statements, summaries, or codifications to a person designated by the consumer pursuant to RSA 359-B:11, VII, the charge for which shall be indicated to the consumer prior to furnishing such information and shall not exceed the charge that the consumer reporting agency would impose on each designated recipient for a consumer report, except that no charge may be made for notifying such persons of the deletion of information which is found to be inaccurate or which can no longer be verified.

II. Notwithstanding paragraph I, each consumer reporting agency shall furnish without charge to any consumer who provides verification of his or her identity, who complies with the requirements of RSA 359-B:9, and who requests a copy of his or her consumer report, one complete consumer report in each calendar year.