Small Business Credit Protection Act This bill establishes requirements related to breaches of data belonging to small businesses. Specifically, a consumer reporting agency must promptly report any breach of nonpublic small business data. In the event of a breach, a consumer reporting agency may not charge a small business for a credit report. Additionally, the Government Accountability Office must report on the economic harm to small businesses resulting from data breaches at consumer reporting agencies.
Business recordsComputer security and identity theftCongressional oversightConsumer creditCredit and credit marketsGovernment studies and investigations
Small Business Credit Protection Act
USA117th CongressS-2034| Senate
| Updated: 6/10/2021
Small Business Credit Protection Act This bill establishes requirements related to breaches of data belonging to small businesses. Specifically, a consumer reporting agency must promptly report any breach of nonpublic small business data. In the event of a breach, a consumer reporting agency may not charge a small business for a credit report. Additionally, the Government Accountability Office must report on the economic harm to small businesses resulting from data breaches at consumer reporting agencies.
Business recordsComputer security and identity theftCongressional oversightConsumer creditCredit and credit marketsGovernment studies and investigations