League's Blau Testifies on Bill That Sought to Prohibit Many Companies From Pulling Credit Reports on Prospective Hires

League Chief Advocacy Officer JT Blau testified on credit unions' behalf this week on a bill (HB2116) that would prohibit employers from pulling credit reports on prospective hires.

The bill had a few exemptions built-in for jobs requiring a security clearance and for SEC-regulated companies, but did not extend an exemption to financial institutions.

In his testimony, Blau asked that federally insured financial institutions be included in the list of exemptions, an exemption that would maintain credit unions' ability to pull credit on job applicants. 

The patron agreed to the change, but ultimately, due to opposition, the measure was killed in committee.