Georgia Identity Theft Bill Moves Forward
Wednesday, January 30th, 2008The state House has passed legislation that would allow Georgia residents to block credit reporting agencies from giving out their information without written permission.
Under this bill, consumers would pay $3 for each security freeze, a total of $9 for the three reporting agencies (Experian, Equifax and TransUnion). It also would allow agencies to charge $3 for consumers to lift it permanently or “thaw” their accounts temporarily when they need to release their information to lenders.
The House also added an amendment that requires the agencies to develop an electronic way to temporarily lift the security freeze.
The legislation must now be approved by the Senate before it goes to Gov. Sonny Perdue’s desk.





