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A 8906

Requires entities that access a consumer's consumer credit report to notify such consumer of their right to obtain a security freeze

2025 Regular Session Introduced by Emérita Torres

Bill A 8906 requires entities accessing a consumer's credit report to notify them of their right to a security freeze, enhancing protection against identity theft.

SUBSTITUTED BY S6446
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WeVote Research Nonpartisan
Bill Summary · A 8906

Summary of Bill A 8906

Bill Information

  • Bill Number: A 8906
  • Title: Requires entities that access a consumer's consumer credit report to notify such consumer of their right to obtain a security freeze
  • Status: Substituted by S 6446
  • Introduced: June 16, 2025
  • Classification: Bill

Purpose and Intent

Bill A 8906 aims to enhance consumer protection by ensuring that individuals are informed of their rights regarding their credit reports. Specifically, it mandates that any entity accessing a consumer's credit report must notify the consumer of their right to place a security freeze on their credit file. A security freeze can help prevent identity theft by restricting access to a consumer's credit report, making it more difficult for identity thieves to open accounts in the consumer's name.

Key Provisions

  • Notification Requirement: Entities that access a consumer's credit report must provide clear notification to the consumer about their right to obtain a security freeze.
  • Consumer Rights: The bill emphasizes the importance of consumer awareness regarding credit security and the steps they can take to protect themselves from potential fraud.

Affected Parties

  • Consumers: Individuals whose credit reports are accessed will benefit from increased awareness of their rights and options for protecting their credit.
  • Credit Reporting Agencies and Lenders: These entities will need to implement new procedures to ensure compliance with the notification requirement.

Legislative Actions and Timeline

  • June 16, 2025: Bill A 8906 was introduced and referred to the Consumer Affairs and Protection Committee.
  • June 17, 2025: The bill was reported and referred to the Rules Committee, where it was subsequently ordered to a third reading.
  • June 17, 2025: The bill was substituted by S 6446, which is its companion legislation.

Related Bills

  • S 6446: This bill serves as the companion to A 8906 and likely contains similar provisions regarding consumer credit report notifications.

Conclusion

Bill A 8906 represents a significant step towards empowering consumers with knowledge about their credit rights. By requiring notification of the option to place a security freeze, the bill aims to mitigate the risks associated with identity theft and enhance overall consumer protection in the credit reporting landscape.

Compiled from official sources — confirm details with the bill’s official record.

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