Senate Bill sb0002

    Florida Senate - 2006                                     SB 2

    By Senator Siplin





    19-536-06

  1                      A bill to be entitled

  2         An act relating to consumer credit reports;

  3         requiring certain consumer reporting agencies

  4         to provide consumers with an annual credit

  5         report at no charge to the consumer upon

  6         request; requiring report explanations under

  7         specified circumstances; providing an effective

  8         date.

  9  

10  Be It Enacted by the Legislature of the State of Florida:

11  

12         Section 1.  In order to facilitate checking information

13  in a consumer credit report and disputing any inaccurate

14  information, as permitted by the federal Fair Credit Reporting

15  Act, each consumer credit reporting agency that compiles and

16  maintains files on consumers' credit on a nationwide basis

17  shall furnish one complete consumer credit report relating to

18  the consumer's credit at no charge to any consumer in this

19  state who requests a consumer credit report. The agency shall

20  furnish the credit report once each calendar year after the

21  consumer provides appropriate verification of his or her

22  identity. The agency shall provide explanations of the codes

23  contained in the report if the agency released the person's

24  credit information to any entity doing business in this state

25  within the previous calendar year.

26         Section 2.  This act shall take effect July 1, 2006.

27  

28            *****************************************

29                          SENATE SUMMARY

30    Requires certain consumer credit reporting agencies to
      provide consumers with an annual credit report at no
31    charge upon the request of the consumer. Requires report
      explanations under specified circumstances.
                                  1

CODING: Words stricken are deletions; words underlined are additions.