FORTY-EIGHTH LEGISLATURE

FIRST SESSION, 2007

March 12, 2007

Mr. Speaker:

    Your JUDICIARY COMMITTEE, to whom has been referred

SENATE JUDICIARY COMMITTEE SUBSTITUTE FOR

SENATE BILLS 165 AND 448, as amended

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

     1. Strike House Business and Industry Committee Amendment 18.

     2. On page 6, lines 11 through 13, strike Paragraph (1) in its entirety and insert in lieu thereof the following:

                "(1) to a person or the person's subsidiary, affiliate, agent or assignee with which the consumer has or, prior to assignment, had an account, contract or debtor-creditor relationship for the purpose of reviewing the account or collecting the financial obligation owing for the account, contract or debt, or to a prospective assignee of a financial obligation owing by the consumer in conjunction with the proposed purchase of the financial obligation. As used in this paragraph, "reviewing the account" includes activities related to account maintenance, monitoring, credit line increases and account upgrades and enhancements;

                (2) to a subsidiary, affiliate, agent, assignee or prospective assignee of a person to whom access has been granted by the consumer pursuant to Subsection D of this section for the purpose of facilitating the extension of credit or other permissible use;

                (3) to a person or entity administering a credit file monitoring subscription service to which the consumer has subscribed;

                (4) to a person or entity for the purpose of providing a consumer with a copy of the consumer's credit report upon the consumer's request;".