Identity Theft Prevention Act of 2000

(Sec. 3) Amends the Fair Credit Reporting Act to require a consumer reporting agency to submit notification of potential fraud to each creditor using a consumer report whenever the agency learns of a card application bearing a different address for the consumer than the one in the consumer's file.

States that compliance with this Act shall be enforced by the following agencies with respect to entities under their jurisdiction that are also issuers of credit cards: (1) the Federal Trade Commission (FTC); (2) the Office of the Comptroller of the Currency; (3) the Board of Governors of the Federal Reserve Board; (4) the Board of Directors of the Federal Deposit Insurance Corporation; (5) the Director of the Office of Thrift Supervision; and (6) the Administrator of the National Credit Union Administration.

(Sec. 4) Amends the Fair Credit Reporting Act to require a consumer reporting agency and users of consumer credit information to comply with certain fraud alert procedures. Sets forth penalties for noncompliance.

(Sec. 5) Directs the FTC to promulgate regulations to require each consumer reporting agency to investigate discrepancies between certain information contained in its files with information supplied by the user of the consumer report.

(Sec. 6) Amends the Fair Credit Reporting Act to mandate, upon request, one free annual disclosure to a consumer by a consumer reporting agency.

(Sec. 8) Requires an individual reference services provider to disclose, upon request and proper identification of the consumer, all information contained in its files pertaining to such consumer.

(Sec. 9) Amends the Social Security Act to establish a civil monetary penalty for specified identity theft violations.

(Sec. 10) Directs the FTC to develop model forms and standard procedures for consumers to inform creditors and credit reporting agencies of identity fraud.