2017 House Bill 5094 / 2018 Public Act 76

Ban credit bureaus charging for security freeze

Introduced in the House

Oct. 12, 2017

Introduced by Rep. Joseph Bellino (R-17)

To prohibit consumer credit rating agencies from charging a fee to place, remove or temporarily lift a security freeze on an individual who requests this. Under current law these agencies can charge $10 unless the consumer has filed an identity theft-related police report. The bill was introduced following a security breech at the Equifax agency that reportedly put 140 million individuals at risk of identity thef.

Referred to the Committee on Financial Services

Dec. 6, 2017

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Dec. 12, 2017

Passed in the House 107 to 2 (details)

Received in the Senate

Dec. 13, 2017

Referred to the Committee on Banking and Financial Institutions

Feb. 28, 2018

Reported without amendment

With the recommendation that the bill pass.

March 8, 2018

Passed in the Senate 35 to 1 (details)

To prohibit consumer credit rating agencies from charging a fee to place, remove or temporarily lift a security freeze on an individual who requests this. Under current law these agencies can charge $10 unless the consumer has filed an identity theft-related police report. The bill was introduced following a security breech at the Equifax agency that reportedly put 140 million individuals at risk of identity thef.

Signed by Gov. Rick Snyder

March 19, 2018