[Congressional Record Volume 148, Number 148 (Friday, November 15, 2002)]
[Senate]
[Page S11207]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
IDENTITY THEFT VICTIMS ASSISTANCE ACT OF 2002
Ms. CANTWELL. Mr. President, the Senate, last night, took a great
step toward helping the victims of identity theft, and those law
enforcement officers investigating identity theft, by passing S. 1742,
the Identity Theft Victims Assistance Act of 2002.
This legislation provides a consistent national remedy for victims of
identity theft to restore their credit and their good name. This bill
is a critical step in helping victims of identity theft restore their
good credit.
Identity theft can be extraordinarily destructive to people's lives.
People are denied credit, spend enormous time, effort, and money
correcting the problems caused by identity theft, and suffer profound
frustration and distress in dealing with the problems that result from
identity theft.
These problems often arise when they have the potential to wreak the
greatest havoc: when buying a new home or a car, or getting a loan to
put a child through college. It can be devastating to make a major life
change, only to find out that your creditworthiness has been destroyed
by fraud, and it is going to take months of excruciating effort by you
to clear your name.
These crimes rarely meet the threshold for prosecution because each
crime involves a small amount of money. Meanwhile victims must
independently contact numerous federal, state and local law enforcement
agencies, consumer credit reporting agencies and creditors over a
period of years, as each new event of fraud arises.
One of the most significant problems victims face is gathering the
evidence of the fraudulent use of their identity. In order to prove
fraud, the victim needs copies of creditors' business records, such as
applications, invoices or other information related to the fraudulent
transactions. These records are often difficult to obtain because the
victim's personally identifying information does not match the
fraudulent information on file with the business. Ironically, in the
interest of protecting consumer privacy, a business will refuse to
provide the information to the victim, believing the victim to be an
unauthorized third party.
This bill establishes a nationwide process for all victims of
identity theft to obtain business records that are evidence of identity
theft to enable a victim to reclaim his or her identity and assist law
enforcement in finding the thieves.
This legislation also requires consumer credit agencies to block
reporting of bad credit that arises from identity theft, so the harm
caused to the victim is stopped dead in its tracks.
The bill also extends the statute of limitation from 2 years to 4
years, giving victims a reasonable time period to decide whether they
need to sue a business under the Fair Credit Reporting Act.
Finally, the bill amends the Internet False Identification Prevention
Act of 2000 to expand the jurisdiction and membership of the
Coordinating Committee currently studying enforcement of Federal
identity theft law. This will allow the Coordinating Committee to
examine State and local identity theft law enforcement and identify
ways the federal government can better assist state and local law
enforcement in addressing identity theft and related crimes.
The bill is based on a Washington state law enacted in 2001. Other
States, including California and Idaho, have enacted similar laws. But
identity theft is a national problem growing at an exponential rate.
Identity information may be stolen in Washington state and used to
perpetrate a fraud in Wisconsin, New Jersey, or Alabama. That is why it
is critical that we have passed this bill to help all victims move more
quickly and easily through the process of restoring their good name at
the least emotional and financial cost as possible.
I thank my colleagues who have worked hard with me to bring this
legislation to the floor. Particularly, my thanks goes to Senators
Enzi, Grassley and Leahy, and Banking Committee Chairman Sarbanes.
I also want to mention the broad support that this legislation has
received. The bill is supported by the National Center for the Victims
of Crime, the Fraternal Order of Police, Consumers Union, Identity
Theft Resource Center, U.S. Public Interest Group, Police Executive
Forum, Privacy Rights Clearinghouse, and Amazon.com, and the Committee
has received a letter of support signed by 22 Attorneys General.
The passage yesterday of this legislation is a win for consumers and
a win for businesses because identity theft leaves both as victims in
its wake. It should be among the highest priorities in the waning days
of this Congress that we work together to get the bill enacted into
law. The sooner we give victims of identity theft these tools, the more
victims we will help and the fewer businesses that will be defrauded by
identity theft in the future.
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