A bill to amend the Fair Credit Reporting Act to address the placement of security freezes for protected consumers, and for other purposes.

Bill 118 s 4916, also known as the Fair Credit Reporting Act Amendment, aims to make changes to the Fair Credit Reporting Act in order to better protect consumers when it comes to placing security freezes on their credit reports.

The bill specifically focuses on "protected consumers," which includes individuals who have been victims of identity theft or fraud. These consumers will have more control over placing security freezes on their credit reports, making it more difficult for unauthorized individuals to access their personal information.

Additionally, the bill includes provisions for other purposes related to credit reporting, such as improving the accuracy of credit reports and providing consumers with more transparency and control over their credit information. Overall, the Fair Credit Reporting Act Amendment seeks to strengthen consumer protections and ensure that individuals have the necessary tools to safeguard their personal and financial information.