Bill Text: NY A05400 | 2019-2020 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Prohibits consumer reporting agencies from reporting adverse information in credit reports of certain furloughed federal government employees.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to consumer affairs and protection [A05400 Detail]

Download: New_York-2019-A05400-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          5400
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 11, 2019
                                       ___________
        Introduced  by  M.  of  A.  DenDEKKER  --  read once and referred to the
          Committee on Consumer Affairs and Protection
        AN ACT to amend the general business law, in relation to adverse  infor-
          mation  in  credit  reports  of  certain furloughed federal government
          employees
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1. Section 380-v of the general business law, as relettered by
     2  chapter  441  of the laws of 2014, is relettered section 380-w and a new
     3  section 380-v is added to read as follows:
     4    § 380-v. Furloughed public employees.  No  consumer  reporting  agency
     5  shall  report  or maintain in the consumer report or file of a consumer,
     6  any new adverse information on a consumer  who  is  a  federal  employee
     7  impacted  by  a  federal  government  furlough which was obtained by the
     8  consumer reporting agency during such furlough period. A credit  report-
     9  ing agency may report adverse information on a consumer beginning ninety
    10  days  after  the  end of a furlough period provided that no such adverse
    11  information shall have been derived  or  obtained  during  the  furlough
    12  period. The provisions of this section shall not apply to adverse infor-
    13  mation developed or reported prior to a federal government furlough. The
    14  provisions of this section shall apply to New York residents employed by
    15  the federal government who are furloughed or who have not received their
    16  regular salary or wages due to a federal government furlough which lasts
    17  at  least  one  pay  period  from the start of such furlough. A consumer
    18  shall have the burden of establishing that they are  a  New  York  state
    19  resident,  a  federal  employee,  and  that they have been impacted by a
    20  federal government furlough.
    21    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08913-03-9