(1) The CSED will report to the consumer reporting agency only those support debts when:

(a) the amount of the debt retainable by the CSED for the reimbursement of AFDC expenditures is a sum of $150.00 or greater; or

(b) the amount of the debt owing to an obligee is the sum of $500.00 or greater.

(2) Reports will be provided to a consumer reporting agency only upon request of an agency with whom the CSED has entered into an agreement which specifies the form and content of the reported information, and which imposes terms and conditions for the use of the information so as to protect its confidentiality.