Consumer protection: identity theft; identity theft protection act; modify. Amends ses. 3, 12 & 12b of 2004 PA 452 (MCL 445.63 et seq.); adds secs. 11a, 11b, 20, 20a, 20b & 20c & repeals secs. 15 & 17 of 2004 PA 452 (MCL 445.75 & 445.77).

Summary

If enacted, this bill would amend Michigan's Identity Theft Protection Act to modify requirements for data security programs, breach notification, and consumer credit report security freezes. It would affect all entities that maintain personal information, including lenders, banks, credit unions, servicers, and fintechs, imposing new obligations on data handling and breach response. The bill adds and repeals specific sections to streamline consumer protections and align with evolving cybersecurity practices.