Requires reporting agencies to report to Division of Consumer Affairs number of free consumer reports furnished to New Jersey resident consumers annually.

This bill requires nationwide consumer reporting agencies (like credit bureaus) to annually report to New Jersey's Division of Consumer Affairs the number of free consumer reports they provided to New Jersey residents in the previous year. Specifically, agencies must report how many residents received one free report and how many received two free reports. Agencies that fail to submit this report by March 1st each year face a $10,000 penalty. The law directly affects credit reporting companies operating nationwide that handle consumer credit data, ensuring transparency about free report distribution to New Jersey residents.