Amends TCA Title 4; Title 8 and Title 50.
This bill prohibits an employer from failing or refusing to recruit or interview a prospective employee with respect to employment based on that person's credit information and creates a private cause of action for those injured due to violations by employers. <br /> <br /> The prohibition will not apply if good credit information is an established bona fide occupational requirement for the employment position. An employment position with an established bona fide occupational requirement of good credit information is one that:<br /> <br /> (1) Requires federal deposit insurance corporation clearance;<br /> (2) Is at a financial service institution, including insurance companies, agents, and adjusters;<br /> (3) Requires United States security clearance; or<br /> (4) Requires a fiduciary responsibility to the employer, including the authority to issue payments, collect debts, transfer money, or enter into contracts.<br /> <br />
This bill prohibits an employer from failing or refusing to recruit or interview a prospective employee with respect to employment based on that person's credit information and creates a private cause of action for those injured due to violations by employers. <br /> <br /> The prohibition will not apply if good credit information is an established bona fide occupational requirement for the employment position. An employment position with an established bona fide occupational requirement of good credit information is one that:<br /> <br /> (1) Requires federal deposit insurance corporation clearance;<br /> (2) Is at a financial service institution, including insurance companies, agents, and adjusters;<br /> (3) Requires United States security clearance; or<br /> (4) Requires a fiduciary responsibility to the employer, including the authority to issue payments, collect debts, transfer money, or enter into contracts.<br /> <br />
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