Senate Improves Protections against Identity Theft
JUNEAU – The Alaska State Senate unanimously passed a bill today that improves consumer protection rules against identity theft for vulnerable populations.
Senate Bill 93, sponsored by Sen. John Coghill (R-North Pole), grants a parent, guardian or court appointed representative the ability to place a security freeze on the credit record of a minor up to the age of 16 or an incapacitated person, to protect the consumer from identity theft.
“Because minors or incapacitated persons do not have credit reports, the credit reporting agency must create a credit record to place a freeze on them,” said Sen. John Coghill (R-North Pole), chairman of the Senate Judiciary Committee. “That process can take up to 30 days.”
The bill also establishes safeguards, including requirements for proof of identification for both the protected consumer and the legal representative, as well as proof of the authority of the legal representative.
27 other states already have a similar process in place for protected consumers.
SB 93 is now on its way to the Alaska House of Representatives for consideration.