Relating to requiring consumer reporting agencies to notify a consumer when inaccurate information in the consumer's file is corrected.
Summary
SB 606 would amend the Texas Business & Commerce Code to require consumer reporting agencies to maintain reasonable procedures to promptly correct inaccurate information in a consumer’s file after receiving a correction. The bill also adds a new notice requirement: if a consumer has provided an email address for this purpose, the agency must email the consumer within 30 business days after the correction is made with a link to a secure website where the consumer can obtain a corrected credit report at no cost.
The bill applies only to corrections submitted on or after the effective date, and it would take effect September 1, 2025. In practical terms, it creates a clearer post-correction notification process for consumers and adds a specific electronic delivery obligation for consumer reporting agencies.
Impact
SB 606 would change state law governing consumer reporting agencies by adding an affirmative duty to notify consumers when inaccurate information has been corrected, provided the consumer has supplied an email address. It would also reinforce existing requirements that agencies use reasonable procedures to ensure inaccurate information is corrected promptly and would require access to a corrected credit report at no charge through a secure online link. The affected parties are consumer reporting agencies and Texas consumers whose credit or consumer files contain inaccurate information.
Sentiment
The available record shows the bill was referred to the House Business & Commerce Committee and there are no recorded votes or committee transcripts in the provided materials. Based on the bill text, the measure appears consumer-protective and administrative in nature, with a straightforward goal of improving transparency and access to corrected credit information. There is no evidence in the provided context of organized opposition or debate.
Contention
No specific points of contention are documented in the provided committee materials or voting history. Potential areas of concern, based on the bill’s requirements, could include compliance costs or operational burdens for consumer reporting agencies, especially around timely email notification and secure online access. On the consumer side, the main policy interest is ensuring that corrected information is communicated promptly and that consumers can easily obtain an updated report.
Requires that consumer reporting agencies contact consumers when a request is made for their consumer reports; requires consumer reporting agencies to provide the consumer with information pertaining to the entity that requested the consumer report.
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Requires that consumer reporting agencies contact consumers when a request is made for their consumer reports; requires consumer reporting agencies to provide the consumer with information pertaining to the entity that requested the consumer report.
Requires that consumer reporting agencies contact consumers when a request is made for their consumer reports; requires consumer reporting agencies to provide the consumer with information pertaining to the entity that requested the consumer report.
Requires that consumer reporting agencies contact consumers when a request is made for their consumer reports; requires consumer reporting agencies to provide the consumer with information pertaining to the entity that requested the consumer report.