Bill Text: NY A05400 | 2019-2020 | General Assembly | Amended
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-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 5400--A 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 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee 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 renumbered section 380-w and a new 3 section 380-v is added to read as follows: 4 § 380-v. Furloughed federal 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 as set forth in this section, 8 which was obtained by the consumer reporting agency during such furlough 9 period. A credit reporting agency may report adverse information on a 10 consumer beginning ninety days after the end of a furlough period 11 provided that no such adverse information shall have been derived or 12 obtained during the furlough period. The provisions of this section 13 shall not apply to adverse information developed or reported prior to a 14 federal government furlough. The provisions of this section shall apply 15 to New York residents employed by the federal government who are 16 furloughed or who have been designated non-pay federal employees and who 17 have not received their regular salary or wages due to a federal govern- 18 ment furlough which lasts at least one pay period from the start of such 19 furlough. A consumer shall have the burden of establishing that they are 20 a New York state resident, a federal employee, and that they have been 21 impacted by a federal government furlough. Proof of New York state resi- 22 dency may be made by a utility bill or driver's license. A pay stub 23 issued within thirty days shall be proof of federal employment. 24 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD08913-05-9