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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 16-3-1082 SO AS TO PROVIDE THAT A PERSON OR BUSINESS COMMITS THE OFFENSE OF FURNISHING FALSE CREDIT INFORMATION IF THE PERSON OR BUSINESS KNOWINGLY FURNISHES FALSE INFORMATION ABOUT ANOTHER PERSON'S CREDITWORTHINESS, CREDIT STANDING, OR CREDIT CAPACITY TO A CREDIT REPORTING BUREAU, TO PROVIDE THAT A CREDIT-REPORTING BUREAU COMMITS THE OFFENSE OF FURNISHING FALSE CREDIT INFORMATION IF THE CREDIT-REPORTING BUREAU KNOWINGLY FURNISHES FALSE INFORMATION ABOUT A PERSON'S CREDITWORTHINESS, CREDIT STANDING, OR CREDIT CAPACITY TO A THIRD PARTY, AND TO PROVIDE A PENALTY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 11, Chapter 3, Title 16 of the 1976 Code is amended by adding:
"Section 16-3-1082. (A) A person or business commits the offense of furnishing false credit information if the person or business knowingly furnishes false information about another person's creditworthiness, credit standing, or credit capacity to a credit-reporting bureau.
(B) A credit reporting bureau commits the offense of furnishing false credit information if the credit-reporting bureau knowingly furnishes false information about a person's creditworthiness, credit standing, or credit capacity to a third party.
(C) A person or business that violates a provision contained in this section must be fined not more than two thousand dollars."
SECTION 2. This act takes effect upon approval by the Governor.
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