Summary of the Introduced Bill

HB 1127 -- Consumer Protection of Personal Information

Sponsor:  Wildberger

This bill changes the laws regarding the release of personal
information to unauthorized persons.  In its main provisions, the
bill:

(1)  Prohibits financial institutions from disclosing their
customers' personal financial information to unauthorized persons
unless the customer's consent has been given;

(2)  Requires a person or company conducting business in this
state that owns or licenses computerized data containing personal
information to disclose any breach of security of that data to
any resident whose information was or may have been acquired by
an unauthorized person.  Any person or company who violates this
provision will be guilty of a class A misdemeanor and subject to
a fine of up to $1,000 and/or imprisonment for up to one year;

(3)  Allows persons to place on their credit report a "security
alert" notifying recipients of the report that the person may
have been a victim of identity theft or a "security freeze"
prohibiting the release of the person's information without
authorization; and

(4)  Requires consumer reporting agencies to supply the consumer
with a copy of his or her credit file.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
93rd General Assembly, 2nd Regular Session
Last Updated November 29, 2006 at 9:42 am