Fergie's Tech Blog

Bill Seeks to Limit ID Theft Law

Via CNN/Money.

In what likely will be a prickly issue with many Americans, Congress next week is expected to vote on a bill that would limit consumers' ability to request a credit freeze, according to a published story Wednesday.

USA Today reported that the proposed Financial Data Protection Act of 2006 pre-empts laws in 17 states that allow anyone to freeze their own credit and instead permits only ID theft victims to request a freeze.

If it becomes a law, vets and military personnel who live in states that permit unrestricted credit freezes would lose that option, the newspaper said.

Critics of the measure said the bill tramples states' rights and undermines the consumer-protection role of state attorney generals, the report said.

posted by Fergie @ 6/14/2006 06:52:00 AM