Res 09-048
Res 09-048
CITY COMMISSION AGENDA 2
- Meeting Date:
- 05/06/2009
- Title:
- Identity Theft Prevention Program
- Submitted For:
- Finance Department
- Submitted By:
- Rachel Wyatt, Human Resources
- Department:
- Human Resources
ACTION REQUEST (Brief Summary)
The City needs to adopt a policy preventing identity theft in order to comply with a recent amendment to the Fair and Accurate Credit Transactions Act of 2003 (“FACTA”). FACTA requires cities and utilities to adopt an Identity Theft Prevention Program ("Program") pursuant to the Federal Trade Commission's Red Flags Rule (“Rule”).
BACKGROUND
Compliance and adoption of an Identity Theft Prevention Program must occur on or before May 1, 2009, pursuant to the Fair and Accurate Credit Transactions Act of 2003 ("FACTA").