OLR Bill Analysis
AN ACT PROHIBITING EMPLOYER CREDIT INQUIRIES FOR POSITIONS INVOLVING ACCESS TO CERTAIN NONFINANCIAL ASSETS.
This bill prohibits employers or their agents, representatives, or designees from requiring, as a condition of employment, a current or prospective employee's consent to a request for a credit report solely because the job involves access to nonfinancial assets valued at more than $2,500.
It does so by removing jobs with access to such nonfinancial assets from the statutory definition of “substantially related.” By law, employers may require current or prospective employees to consent to a credit report request when the (1) report is substantially related to the employee's current or potential job or (2) employer has a bona fide reason to request or use information in the report that is substantially job-related and this reason is disclosed to the employee or applicant in writing.
Under existing law, employers may also require a current or prospective employee's consent to a credit report if it is required by law or the employer (1) is a financial institution or (2) reasonably believes the employee committed a violation of the law related to the employee's job.
EFFECTIVE DATE: October 1, 2017