Bill Text: NY S01951 | 2011-2012 | General Assembly | Introduced

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Bill Title: Prohibits a consumer reporting agency from maintaining information on a consumer credit inquiry for more than 90 days.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-01-14 - REFERRED TO CONSUMER PROTECTION [S01951 Detail]

Download: New_York-2011-S01951-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         1951
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                   January 14, 2011
                                      ___________
       Introduced  by  Sen.  KRUGER -- read twice and ordered printed, and when
         printed to be committed to the Committee on Consumer Protection
       AN ACT to  amend  the  general  business  law,  in  relation  to  credit
         inquiries
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 380-j of the general business  law  is  amended  by
    2  adding a new subdivision (h) to read as follows:
    3    (H)  NO  CONSUMER  REPORTING  AGENCY  SHALL  MAINTAIN IN THE FILE ON A
    4  CONSUMER, ANY RECORDS DETAILING INQUIRIES, MADE BY  A  CREDITOR  OR  ANY
    5  OTHER INDIVIDUAL AFFORDED ACCESS TO CONSUMER CREDIT REPORTS, FOR A PERI-
    6  OD OF MORE THAN NINETY DAYS BEYOND THE DATE OF SUCH INQUIRY.
    7    S  2.  This  act shall take effect on the thirtieth day after it shall
    8  have become a law.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD07158-01-1