Sen. Chance’s Identity Theft Bill signed into law

Governor Sonny Perdue has recently signed two measures that will further protect the identity of Georgia’s consumers. In order to curb the rise of identity theft, Gov. Perdue introduced legislation during the 2008 session to establish an identity theft task force within the Georgia Bureau of Investigation (GBI). Sponsored by Sen. Ronnie Chance (R-Tyrone), Senate Bill 388 creates a new GBI task force that will investigate alleged identity theft, educate the public on how to protect themselves, support victims and train local law enforcement to combat identity theft.

“The state is taking an active role in preventing identity theft through this legislation, which I am confident will be an important step in curbing such illegal activity,” said Sen. Chance. “With $1 million in new funding in the state budget, SB 388 will enable the GBI to add eight investigative positions to the ID Theft Task Force to combat identity theft statewide.”

The Governor also signed House Bill 130 to allow consumers to place or remove an immediate security freeze on their credit report for a $3 fee. Under this legislation, each major consumer credit reporting agency, Experian, Equifax and TransUnion, must offer this service to allow consumers to prohibit the release of their credit report or credit score to third parties.

As of August 1, consumers will be able to request a freeze electronically through Internet systems that each credit reporting agency is required to develop. Once submitted electronically, requests will be fulfilled within 15 minutes. A toll-free telephone number will also be provided, so that requests may be made over the phone. In order to make this service easily accessible to everyone, consumers who are 65 years of age or older, and those who are documented victims of identity fraud, will not be charged the $3 fee for placing or removing a freeze.

“Identity theft is a rampant problem across the country, and I am pleased that we can offer our citizens added protection to keep them and their family safe,” added Sen. Chance. “These new laws give consumers the tools they need to protect their hard-earned savings, and give those who have fallen victim to this crime the immediate help they need to minimize the damage.”

For more information on the Georgia State Senate, please visit www.senate.ga.gov.

Pictured above (L-R): Rep. Tommy Benton (R-Jefferson), Sen. Ronnie Chance (R-Tyrone), Sen. Renee Unterman (R-Buford) and Sen. Cecil Staton (R-Macon) flank Governor Sonny Perdue at a recent press conference, announcing the signing of two important consumer protection laws, SB 388 and HB 130.

Debate on tax reform moves to the forefront

It was back to business this week in the General Assembly, as Senators and Representatives returned to the Gold Dome for another week of the 2008 session. We are rapidly approaching the halfway point of the session, and many new bills have been introduced in both chambers. This week, the debate on statewide tax reform took center stage, as the Senate passed three important pieces of legislation that could end up as referendum votes on the ballot in November. I’d like to update you on these measure this week, because they affect every citizen of this state.

On Tuesday, Senate took the first steps in the tax reform debate by passing two Constitutional Amendments that will freeze property taxes at the 2008 rates until the property is sold. With broad bipartisan support, the Senate voted to send both Constitutional Amendments to the House for consideration. Essentially, these two pieces of legislation propose an amendment to the Constitution to require the freezing of existing real property values at the time the owner acquires the property. Any valuation increases thereafter would be subject to limitations. Once a property is transferred or sold to another person, that property will be appraised at its fair market value on the date of the new owner’s acquisition. Any increase in the assessment could not exceed an inflation percentage set by the Department of Revenue for the current tax year. Only significant improvements to a property would warrant further increases in the property’s value.

Another resolution that I have sponsored on Governor Perdue’s behalf, SR 859, would create a Constitutional Amendment to repeal the state portion of the ad valorem tax on homes and cars. This tax reform measure was also overwhelmingly approved in the Senate on Thursday. Overall, these amendments will give Georgia citizens the opportunity to voice their opinion on the amount of tax they pay on their homes and vehicles. We may not approve all of these amendments, but I think it’s safe to say we will leave here in the spring with some significant tax relief measure on the ballot for approval by the voters.

In other news, I was extremely pleased to see the Senate unanimously approve a bill I introduced, SB 388. This legislation will establish an identity theft task force within the Georgia Bureau of Investigation. Earlier this year, Gov. Perdue included $1 million in his budget proposal to fund the task force, which will combat identity theft on several fronts, including investigating alleged identity theft, educating the public, supporting victims and training local law enforcement in combating identity theft. Identity theft cost Georgia citizens more than $25 million in 2006. More than 34,000 reports of identity theft in Georgia were filed with the Federal Trade Commission from 2002 to 2006 – and Georgia is ranked 7th in the nation when it comes to identity theft per capita. The GBI has a proven track record of combating crimes that plague Georgia’s citizens, and I believe their work in this area will make a significant difference in combating identity theft in our state. SB 388 now moves over to the House for consideration, and I look forward to seeing this become law in 2008.

As always, please contact me in my office and let me know your opinions, your ideas and your concerns.
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