P.O. Box 12068, State Capitol
Austin, Texas 78711
Tel. (512) 463-0112
FOR IMMEDIATE RELEASE
May 4, 2013
AUSTIN —The Texas House of Representatives today passed SB 60 by Texas State Senator Jane Nelson, R-Flower Mound, to better protect children from identity theft by allowing parents to place a freeze on their child's credit history.
"By allowing parents to place a 'Do Not Enter' sign on their child's credit record, this legislation will help protect young Texans from identity theft," said Senator Nelson. "This crime can have a devastating effect on an individual's personal finances, and we should ensure that our young people can begin their adult lives with a clean financial slate."
The bill, which will now be sent to the Governor for his signature, requires credit reporting agencies, at the request of a parent, to create a credit record for a child under the age of 16; authorizes parents to place a security freeze once a file is created; and prohibits the release of information for credit purposes. In the past three years, 57,000 cases of child identity theft have been reported to the Federal Trade Commission.