Rep. Norm Thurston — Voting Record

Bill

Number

H.B. 99 (2024GS)

Sponsor

Rep. Birkeland, K.

Final action

Governor Signed 3/13/2024

Outcome

Became law — signed by Gov. Spencer J. Cox

Summary

What it does

• This bill:
• requires consumer credit services organizations to disclose certain information when providing a credit report to a buyer; and
• defines terms.

Every vote on this bill

Bill text

CONSUMER CREDIT PROTECTION AMENDMENTS
GENERAL SESSION
STATE OF UTAH
Chief Sponsor: Kera Birkeland
Senate Sponsor: 
 Curtis S. Bramble
LONG TITLE
General Description:
This bill amends the Credit Services Organizations Act.
Highlighted Provisions:
This bill:
▸ requires consumer credit services organizations to disclose certain information
when providing a credit report to a buyer; and
▸ defines terms.
Money Appropriated in this Bill:
None
Other Special Clauses:
None
Utah Code Sections Affected:
ENACTS:
13-21-7.5
, Utah Code Annotated 1953
Be it enacted by the Legislature of the state of Utah:
Section 1. Section 
13-21-7.5
 is enacted to read:
 13-21-7.5.
Required disclosures.
(1) As used in this section:
(a) "Consumer reporting agency" means the same as that term is defined in Section
13-45-102
.
(b) "Credit report" means the same as that term is defined in Section 
13-45-102
.
(c) "Credit score" means the same as that term is defined in Section 
31A-22-320
.
(2) When a consumer credit services organization provides a credit report to a buyer,
the credit services organization shall provide to the buyer a written disclosure that identifies:
(a) the consumer reporting agency providing the information in the report;
(b) the name of the credit score model used by the credit reporting agency to calculate
the credit score; and
(c) the minimum and maximum possible scores under the credit score model used by
the credit reporting agency in the credit report.
Section 2. 
Effective date.
This bill takes effect on May 1, 2024.