To amend the Fair Credit Reporting Act to provide for an exclusion from Red Flag Guidelines for certain businesses.

Bill: 111-hr-3763
Sponsor: Rep. Adler, John H. [D-NJ-3]
Introduced: 2009-10-08 in the House
Policy area: Finance and Financial Sector
Subjects: Accounting and auditing
Administrative law and regulatory procedures
Banking and financial institutions regulation
Computer security and identity theft
Consumer affairs
Consumer credit
Federal Trade Commission (FTC)
Health personnel
Lawyers and legal services
Small business

Summary:
action_date: 2009-10-08
text: 
Amends the Fair Credit Reporting Act with respect to the duties of users of consumer reports who take adverse actions on the basis of information contained in such reports.
 
Excludes any health care practice, accounting practice, or legal practice with 20 or fewer employees from the meaning of creditor subject to Red Flag Guidelines regarding identity theft promulgated by the proper federal financial regulatory agency.
 
Excludes any other business which the Federal Trade Commission (FTC) determines: (1) knows all its customers or clients individually; (2) only performs services in or around the residences of its customers; or (3) has not experienced incidents of identity theft, and identity theft is rare for businesses of that type. States that such exclusion shall no longer apply to any business that can no longer meet such eligibility criteria.
 

action_date: 2009-10-20
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Amends the Fair Credit Reporting Act with respect to the duties of users of consumer reports who take adverse actions on the basis of information contained in such reports.
 
Excludes any health care practice, accounting practice, or legal practice with 20 or fewer employees from the meaning of creditor subject to Red Flag Guidelines regarding identity theft promulgated by the proper federal financial regulatory agency.
 
Excludes any other business which the Federal Trade Commission (FTC) determines: (1) knows all its customers or clients individually; (2) only performs services in or around the residences of its customers; or (3) has not experienced incidents of identity theft, and identity theft is rare for businesses of that type. States that such exclusion shall no longer apply to any business that can no longer meet such eligibility criteria.
 


Legislative actions:
action_date: 2009-10-21
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2009-10-20
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2009-10-20
text: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 400 - 0 (Roll no. 790). (text: CR H11467)
action_date: 2009-10-20
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 400 - 0 (Roll no. 790).(text: CR H11467)
action_date: 2009-10-20
text: Considered as unfinished business. (consideration: CR H11479-11480)
action_date: 2009-10-20
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2009-10-20
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 3763.
action_date: 2009-10-20
text: Considered under suspension of the rules. (consideration: CR H11467-11469)
action_date: 2009-10-20
text: Mr. Adler (NJ) moved to suspend the rules and pass the bill.
action_date: 2009-10-08
text: Referred to the House Committee on Financial Services.
action_date: 2009-10-08
text: Introduced in House
action_date: 2009-10-08
text: Introduced in House