Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 23, 2015 |
signed chap.3 |
Feb 20, 2015 |
delivered to governor |
Feb 10, 2015 |
returned to senate passed assembly ordered to third reading rules cal.2 substituted for a868 |
Feb 02, 2015 |
referred to consumer affairs and protection delivered to assembly passed senate |
Jan 21, 2015 |
ordered to third reading cal.21 |
Jan 13, 2015 |
referred to rules |
Senate Bill S1516
Signed By Governor2015-2016 Legislative Session
Sponsored By
(R, C) 53rd Senate District
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2015-S1516 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A868
- Law Section:
- General Business Law
- Laws Affected:
- Amd ยงยง380-a & 380-u, Gen Bus L
2015-S1516 (ACTIVE) - Sponsor Memo
BILL NUMBER:S1516 TITLE OF BILL: An act to amend the general business law, in relation to credit record freezes PURPOSE: The purpose of this bill is to make technical, clarifying amendments to Chapter 441 of the Laws of 2014, which originally established and outlined the process of placing a credit freeze on a minor person's credit report or file. SUMMARY OF PROVISIONS: Section one of the bill makes a technical correction to the definition and applicability of the term "security freeze for a protected" consumer. Section two makes a similar technical correction by replacing "consumer" with "person" for the aforementioned term. In addition, section two of the bill clarifies the tense of the word "pay" in accordance with the rest of the sentence. Section three is the effective date. JUSTIFICATION: Chapter 441 of the Laws of 2014 extended important consumer protections already available to adults to minor children (i.e.,
2015-S1516 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1516 2015-2016 Regular Sessions I N S E N A T E January 13, 2015 ___________ Introduced by Sen. GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the general business law, in relation to credit record freezes THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision (r) of section 380-a of the general business law, as added by chapter 441 of the laws of 2014, is amended to read as follows: (r) The term "security freeze for a protected [person] CONSUMER" means (1) if a consumer credit reporting agency does not have a file pertain- ing to a protected consumer, a restriction that: (i) is placed on the protected consumer's record in accordance with [this] section THREE HUNDRED EIGHTY-U OF THIS ARTICLE; and (ii) prohibits the consumer credit reporting agency from releasing the protected consumer's record except as provided in this section; or (2) if a consumer credit reporting agency has a file pertaining to the protected consumer, a restriction that (i) is placed on the protected consumer's consumer credit report in accordance with this section; and (ii) prohibits the consumer credit reporting agency from releasing the protected consumer's consumer credit report or any information derived from the protected consumer's consumer credit report except as provided in this section. S 2. Subdivisions (d), (e) and (f) of section 380-u of the general business law, as added by chapter 441 of the laws of 2014, are amended to read as follows: (d) Unless a security freeze for a protected [person] CONSUMER is removed in accordance with this section, a consumer credit reporting agency may not release the protected consumer's consumer credit report, any information derived from the protected consumer's consumer report, or any record created for the protected consumer. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07413-01-5
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