Consumer protection: identity theft; identity theft protection act; modify. Amends secs. 3, 12 & 12b of 2004 PA 452 (MCL 445.63 et seq.); adds secs. 11a, 11b, 20, 20a, 20b & 20c & repeals secs. 15 & 17 of 2004 PA 452 (MCL 445.75 & 445.77).

This bill amends Michigan's Identity Theft Protection Act to update definitions and add new sections regarding data breaches and identity theft. It clarifies what constitutes a security breach by specifying that unauthorized access by employees acting in good faith for official duties does not count as a breach. The legislation also expands the definition of financial institutions to include various licensed lenders and sellers under state laws. Additionally, it provides clearer definitions for terms like "encrypted," "false pretenses," and "medical records" to ensure consistent application of the law. These changes aim to strengthen protections for individuals whose personal information is compromised while maintaining precise legal standards for enforcement agencies.