S. 1723 — Protect Victims of Identity Theft Act of 2001

Summary

Protect Victims of Identity Theft Act of 2001 - Amends the Fair Credit Reporting Act, with respect to the statute of limitations on actions, to provide that an action to enforce a liability may be brought not later than two years after the date on which the violation is discovered or should have been discovered by the exercise of reasonable diligence.

Tolls such limitation period during any period during which a defendant has materially and willfully misrepresented information statutorily required to be disclosed where such misrepresentation is material to establishment of liability.

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Related Legislation

H.R. 3368Protect Victims of Identity Theft Act of 2001
2002-01-14Referred to the Subcommittee on Courts, the Internet, and Intellectual Property.
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Legislative Actions

2001-11-16
Introduced in Senate
2001-11-16
Sponsor introductory remarks on measure. (CR S12005-12006)
2001-11-16
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S12006)

Protect Victims of Identity Theft Act of 2001

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