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HR 3053 107th Congress House Finance and Financial Sector Administrative procedure Bank records Civil Rights and Liberties, Minority Issues Commerce Consumer complaints Consumer credit Consumer education Credit cards Crime and Law Enforcement Crime prevention Driver licenses Federal Trade Commission Fraud Government Operations and Politics Government paperwork Identification devices Independent regulatory commissions Larceny Law

Identity Theft Prevention Act of 2001

Introduced: October 5, 2001 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 2, 2001
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Oct 5, 2001
Referred to the House Committee on Financial Services.
Oct 5, 2001
Introduced in House
 Plain-English summary Congressional Research Service
Identity Theft Prevention Act of 2001 - Amends the Truth in Lending Act to prescribe procedural guidelines under which a credit card issuer shall confirm changes of address.

Amends the Fair Credit Reporting Act to prescribe procedural guidelines under which a consumer reporting agency shall: (1) notify the requester of a discrepancy in the address in the consumer file; (2) include a fraud alert in the file of a requesting consumer; and (3) make free annual disclosures upon consumer request.

Confers enforcement jurisdiction upon the Federal Trade Commission.

Mandates truncation of credit card account numbers, so that an entity that accepts credit cards for the transaction of business is prohibited from printing more than the last 5 digits of the credit card account number or the expiration date upon any receipt provided to the cardholder.

What's happening now November 2, 2001

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Committees of jurisdiction 2