SRC-TBR S.B. 341 77(R)   BILL ANALYSIS


Senate Research Center   S.B. 341
77R4436 JMG-DBy: Carona
Business & Commerce
1/30/2001
As Filed


DIGEST AND PURPOSE 

Currently, third-party debt collectors and credit bureaus are required to
provide forms to individuals who dispute the accuracy of items in the
third-party debt collector's or credit bureau's file.  As proposed, S.B.
341 removes the Texas Debt Collection Act's requirement that thirdparty
debt collectors provide forms to individuals who dispute the accuracy of an
item in the third-party debt collector's file. 

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to a
state officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Section 392.202(a), Finance Code, to require the credit
bureau to provide forms for the notice and, when requested, the credit
bureau or third party debt collector is required to assist an individual in
preparing the notice. 

SECTION 2.  Effective date: September 1, 2001.