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Key Votes

SB 3 - Limits Employers' Use Of Credit Histories - Key Vote

Colorado Key Votes

Kevin Grantham voted Nay (Passage) on this Legislation.

Read statements Kevin Grantham made in this general time period.

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Stage Details

Legislation - Referred to Committee (House) -
Legislation - Bill Passed (Senate) (20-15) - (Key vote)

Title: Limits Employers' Use Of Credit Histories

Vote Smart's Synopsis:

Vote to pass a bill that limits the use of consumer credit information by employers, effective July 1, 2012.

Highlights:
  • Prohibits an employer from using consumer credit information for “employment purposes” unless the information is required by a defense or security contract (Sec. 2).
  • Defines “employment purposes” as evaluating a person for employment, hiring, promotion, demotion, reassignment, compensation adjustment or retention as an employee (Sec. 2).
  • Requires employers who use consumer credit information to allow an employee or applicant to explain any circumstances which may have affected the information (Sec. 2).
  • Requires employers who use consumer credit information to take “adverse action” on employment decisions to notify the job applicant or employee of that information (Sec. 2).
  • Defines “adverse action” as employment denial, demotion, denial of promotion, dock in compensation or termination of employment for an employee (Sec. 2). 
Legislation - Introduced (Senate) -

Title: Limits Employers' Use Of Credit Histories

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