HB 1399

As introduced: - Requires consumer reporting agencies using algorithmic systems to meet specified performance standards for accuracy and bias, undergo quarterly third-party audits, and maintain a public registry of algorithms. - Mandates human review of all automated credit evaluations and provides consumers an option to opt out of automated decision-making. - Directs the Commissioner of Financial Regulation to establish annual assessment thresholds for algorithms, mandate training for human reviewers, and implement a whistleblower protection program.