3.0.0 6420 2023-01-11T13:21:19Z 2023-01-11T13:21:19Z House H HR 2010-11-17 111 hsba00 Financial Services Committee House Standing Referred to 2010-11-17T15:00:35Z Red Flag Program Clarification Act of 2010 111 3987 S 2010-12-18 Became Public Law No: 111-319. Identical bill CRS 2010-11-17 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2010-11-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-11-17 Introduced in House IntroReferral 1000 9 Library of Congress A000364 Rep. Adler, John H. [D-NJ-3] John Adler D NJ H. 3 N B001262 Rep. Broun, Paul C. [R-GA-10] Paul Broun R GA C. 10 2010-11-17 True S001148 Rep. Simpson, Michael K. [R-ID-2] MICHAEL SIMPSON R ID K. 2 2010-11-17 True Finance and Financial Sector Computer security and identity theft Consumer credit Fraud offenses and financial crimes Finance and Financial Sector 00 2010-11-17 Introduced in House 2010-12-06T22:23:24Z Red Flag Program Clarification Act of 2010 - Amends the Fair Credit Reporting Act, with respect to federal agency (red flag) guidelines regarding identity theft and the users of consumer reports, to define creditor to mean one that regularly and in the ordinary course of business: (1) obtains or uses consumer reports, directly or indirectly, in connection with a credit transaction; (2) furnishes information to certain consumer reporting agencies in connection with a credit transaction; or (3) advances funds to or on behalf of a person, based on the person's obligation to repay the funds or on repayment from specific property pledged by or on the person's behalf.

Includes in the definition any other type of creditor as the federal agency (banking agency, National Credit Union Administration, or the Federal Trade Commission [FTC]) having authority over that creditor may determine appropriate, if the creditor offers or maintains accounts subject to a reasonably foreseeable risk of identity theft.

Excludes from the definition of creditor, however, any creditor that advances funds on behalf of a person for expenses incidental to a service the creditor provides to that person.

]]> Red Flag Program Clarification Act of 2010 Display Title Red Flag Program Clarification Act of 2010 Official Title as Introduced To amend the Fair Credit Reporting Act with respect to the applicability of identity theft guidelines to creditors. Introduced in House IH Short Titles as Introduced Red Flag Program Clarification Act of 2010 Introduced in House 2010-11-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr6420ih/xml/BILLS-111hr6420ih.xml 2010-11-17 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.