H.R. 3763 would exclude a health care practice, accounting practice and legal practice with twenty or fewer employees from the Fair Credit Reporting Act's red flag guidelines. Red flag guidelines set out how certain businesses and organizations must develop, implement, and administer their identity theft prevention programs. Also, H.R. 3763 would authorize the Federal Trade Commission to exclude any other business the commission determines necessary following an application for exclusion by such business, that such business: 1) knows all of its customers or clients individually; 2) only performs services in or around the residences of its customers; or 3) has not experienced incidents of identity theft and identity theft is rare for businesses of that type.