House Passes Duran’s Consumer Credit Protection Bill

(Feb. 14) – Speaker Crisanta Duran’s bipartisan bill to enhance protections for children against fraud and identity theft received the voice-vote approval of the House of Representatives this morning. In the wake of recent data breaches, it is more important than ever for consumers to have the tools to protect themselves.

“Many of us take action to monitor our credit or freeze our credit reports, but few people think about the dangers and consequences of identity theft when the victims are children,” Speaker Duran said. “If a child’s identity is stolen, it can be years before the theft is discovered, because it can be years before a minor child applies for a credit card or a student loan. This bill gives parents the authority to freeze the credit reports of their minor children to better protect them against identity theft and fraud.”

HB18-1233, sponsored by Speaker Duran with Rep. Polly Lawrence, R-Roxborough Park, and also Rep. Kim Ransom, R-Littleton, allows parents to freeze credit reports for Coloradans under 16 years of age. The bill also allows legal guardians to freeze the credit of individuals they are responsible for, such as individuals with intellectual or developmental disabilities. Credit reporting agencies cannot charge a fee for placing or lifting these freezes.

After a recorded vote, HB18-1233 will go to the Senate.

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