STATE OF NEW YORK
        ________________________________________________________________________
                                         6914--A
                               2017-2018 Regular Sessions
                    IN SENATE
                                    October 13, 2017
                                       ___________
        Introduced  by Sen. CARLUCCI -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules  --  recommitted  to
          the  Committee  on  Banks  in accordance with Senate Rule 6, sec. 8 --
          committee discharged, bill amended, ordered reprinted as  amended  and
          recommitted to said committee
        AN  ACT  to  amend  the  financial services law, in relation to a public
          education program about the rights of consumers
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1. The financial services law is amended by adding a new arti-
     2  cle 7 to read as follows:
     3                                  ARTICLE 7
     4        CONSUMER CREDIT RIGHTS AND RESPONSIBILITIES OUTREACH PROGRAM
     5  Section 701. Consumer   credit   rights  and  responsibilities  outreach
     6                 program established.
     7    § 701. Consumer credit rights and  responsibilities  outreach  program
     8  established.  1.    There  is hereby established within the department a
     9  consumer credit rights and responsibilities outreach program to  educate
    10  the  public about the rights and obligations of citizens of the state of
    11  New York with regard to credit services and reporting, including  infor-
    12  mation such as, but not limited to, (a) credit freezes; (b) credit moni-
    13  toring services; (c) credit reporting; (d) the contents of and access to
    14  credit  scores;  (e) the definition of private information as defined in
    15  section eight hundred ninety-nine-aa of the general  business  law;  (f)
    16  notification  requirements under section eight hundred ninety-nine-aa of
    17  the general business law; (g) mitigating the  effects  of  a  breach  of
    18  private information; and (h) the rights of consumers over their personal
    19  information as it is related to third parties.
    20    2.  The  superintendent  shall submit on or before December first next
    21  succeeding the effective date of this section and annually thereafter, a
    22  report to the governor and the legislature concerning the  operation  of
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13607-02-8
        S. 6914--A                          2
     1  the  consumer  credit  rights  and  responsibilities  outreach  program.
     2  Commencing in the year after  the  first  year  of  such  program,  such
     3  reports  shall  include  the  experience  of  the  program  in providing
     4  outreach  and  education  to  the  public on the issue of the rights and
     5  obligations of the citizens of the state of  New  York  with  regard  to
     6  credit services and reporting.
     7    §  2.  This  act shall take effect on the ninetieth day after it shall
     8  have become a law.