Protecting Social Security Benefits from Identity Theft Fraud
This new act aims to protect Social Security benefits for individuals who are victims of identity theft where fraudulent loans were taken out in their name. It prevents the Small Business Administration (SBA) from garnishing these benefits to repay such debts. The act also requires the SBA to provide information on how to report identity theft.
Key points
Prohibits SBA from garnishing Social Security benefits for fraudulent loans made due to identity theft.
Protection applies to individuals who have reported identity theft to the SBA.
SBA must inform citizens on how to report identity theft related to loans.
Introduced
Citizen Poll