Pennsylvania SB1363 establishes the Public Utility Credit Act, allowing public utility customers to opt into or out of having their payments reported.

Pennsylvania SB1363, known as the Public Utility Credit Act, mandates that public utilities provide customers the option to opt into or out of having their payments reported to credit reporting agencies. New customers must be notified of this option when establishing service, while existing customers must be notified within 45 days of the act's effective date. Public utilities cannot set time limits on this option, rescind it in the future, or charge fees for opting in or out. The act defines "public utility" and "independently owned user premises," and it takes effect 60 days after enactment.

Pennsylvania SB1363 establishes the Public Utility Credit Act, allowing public utility customers to opt into or out of having their payments reported.

Pennsylvania SB1363, known as the Public Utility Credit Act, mandates that public utilities provide customers the option to opt into or out of having their payments reported to credit reporting agencies. New customers must be notified of this option when establishing service, while existing customers must be notified within 45 days of the act's effective date. Public utilities cannot set time limits on this option, rescind it in the future, or charge fees for opting in or out. The act defines "public utility" and "independently owned user premises," and it takes effect 60 days after enactment.