89R2819 RAL-F
By: West S.B. No. 606
A BILL TO BE ENTITLED
AN ACT
relating to requiring consumer reporting agencies to notify a
consumer when inaccurate information in the consumer's file is
corrected.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 20.07, Business & Commerce Code, is
amended by amending Subsection (b) and adding Subsection (c) to
read as follows:
(b) The consumer [credit] reporting agency which receives a
correction shall have reasonable procedures to assure that
previously reported inaccurate information in a consumer's file is
corrected in a prompt and timely fashion.
(c) If a consumer provides the consumer reporting agency an
e-mail address for that purpose, the agency shall, not later than
the 30th business day after the date on which the agency corrects
inaccurate information in the consumer's file, e-mail the consumer
a link to an Internet website that allows the consumer to securely
obtain a corrected copy of the consumer's credit report at no cost
to the consumer.
SECTION 2. The change in law made by this Act applies only
to a correction submitted to a consumer reporting agency on or after
the effective date of this Act.
SECTION 3. This Act takes effect September 1, 2025.