The Governor of Oregon signed into law a bill that bans employers in the State of Oregon from (with a few exceptions) obtaining or using for employment purposes information contained in the credit history of an applicant for employment or an employee.
The bill would prevent employers from utilizing credit reports in employment including hiring, discharge, promotion, and compensation except in the following circumstances:
- Employers that are federally insured banks or credit unions;
- Employers that are required by state or federal law to use Individual credit history for employment purposes;
- The employment of a public safety officer, or
- Employers that can demonstrate that the information in a credit report is “substantially job-related” AND the employer’s reasons for the use of such information are disclosed to the employee or prospective employee in writing.
(This is not legal advice – you should check with your own legal counsel).
