HB1149: relative to the provision of credit reports to consumers.

HB 1149 - AS INTRODUCED

2003 SESSION

03-2012

05/09

HOUSE BILL 1149

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

COMMITTEE: Commerce

ANALYSIS

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

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03-2012

05/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Three

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:

359-B:12 Charges for Certain Disclosures.

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.

2 Effective Date. This act shall take effect January 1, 2005.