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House Bill 1621




    Florida House of Representatives - 1997                HB 1621

        By Representatives Bradley, Bush, Lawson, Roberts-Burke,
    Dennis, Greene, Meek, Dawson-White, Eggelletion, Miller,
    Logan, Chestnut, Reddick and Hill




  1                      A bill to be entitled

  2         An act relating to deceptive and unfair trade

  3         practices; creating s. 501.2076, F.S.;

  4         specifying as an unfair, deceptive, and

  5         unconscionable trade practice the use of

  6         data-processing software that determines

  7         credit-worthiness based solely upon place of

  8         residence and that results in unlawful

  9         discrimination; providing an effective date.

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

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13         Section 1.  Section 501.2076, Florida Statutes, is

14  created to read:

15         501.2076  Use of software to determine

16  credit-worthiness; discriminatory impact.--It is an unfair,

17  deceptive, and unconscionable trade practice for any financial

18  institution, subsidiary of a financial institution, service

19  corporation, or party affiliated with a financial institution,

20  doing business in this state, to use data-processing software,

21  as defined in s. 282.303(8), that determines the

22  credit-worthiness of a person based solely upon his or her

23  place of residence and the use of which has as a direct or

24  consequential result an unlawful discriminatory effect upon a

25  loan applicant.

26         Section 2.  This act shall take effect upon becoming a

27  law.

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






    Florida House of Representatives - 1997                HB 1621

    547-126A-97






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  2                          HOUSE SUMMARY

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      Specifies as an unfair, deceptive, and unconscionable
  4    trade practice the use of data processing software to
      determine credit-worthiness based on residence location
  5    if the use results in discrimination against a loan
      applicant.
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