3.0.0 3755 2023-01-11T13:38:43Z 2023-01-11T13:38:43Z House HR 2017-09-13 115 [Congressional Record Volume 163, Number 148 (Wednesday, September 13, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. MAXINE WATERS of California:H.R. 3755.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 of the United StatesConstitution[Page H7383]]]> hsba00 Financial Services Committee House Standing Referred to 2017-09-13T14:00:23Z Free Credit Freeze Act 115 3878 HR 2017-09-28 Referred to the House Committee on Financial Services. Related bill CRS Free Credit Freeze Act 115 1810 S 2017-09-14 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Freedom from Equifax Exploitation Act 115 1816 S 2017-10-17 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-132. Related bill CRS 2017-09-13 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-09-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-09-13 Introduced in House IntroReferral 1000 9 Library of Congress W000187 Rep. Waters, Maxine [D-CA-43] MAXINE WATERS D CA 43 N M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2017-09-25 False D000623 Rep. DeSaulnier, Mark [D-CA-11] Mark DeSaulnier D CA 11 2017-09-25 False T000468 Rep. Titus, Dina [D-NV-1] Dina Titus D NV 1 2017-09-25 False K000389 Rep. Khanna, Ro [D-CA-17] Ro Khanna D CA 17 2017-09-25 False M001137 Rep. Meeks, Gregory W. [D-NY-5] GREGORY MEEKS D NY W. 5 2017-09-25 False N000002 Rep. Nadler, Jerrold [D-NY-10] JERROLD NADLER D NY 10 2017-09-25 False J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2017-09-25 False R000515 Rep. Rush, Bobby L. [D-IL-1] BOBBY RUSH D IL L. 1 2017-09-25 False N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2017-09-25 False C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 2017-09-25 False L000562 Rep. Lynch, Stephen F. [D-MA-8] Stephen Lynch D MA F. 8 2017-09-25 False C001084 Rep. Cicilline, David N. [D-RI-1] David Cicilline D RI N. 1 2017-09-25 False J000298 Rep. Jayapal, Pramila [D-WA-7] Pramila Jayapal D WA 7 2017-09-25 False V000108 Rep. Visclosky, Peter J. [D-IN-1] PETER VISCLOSKY D IN J. 1 2017-09-25 False H001050 Rep. Hanabusa, Colleen [D-HI-1] Colleen Hanabusa D HI 1 2017-09-26 False W000822 Rep. Watson Coleman, Bonnie [D-NJ-12] Bonnie Watson Coleman D NJ 12 2017-09-26 False E000296 Rep. Evans, Dwight [D-PA-2] Dwight Evans D PA 2 2017-09-26 False B001292 Rep. Beyer, Donald S., Jr. [D-VA-8] Donald Beyer D VA S. 8 2017-09-26 False T000193 Rep. Thompson, Bennie G. [D-MS-2] BENNIE THOMPSON D MS 2 2017-09-26 False G000553 Rep. Green, Al [D-TX-9] Al Green D TX 9 2017-09-26 False C001037 Rep. Capuano, Michael E. [D-MA-7] MICHAEL CAPUANO D MA E. 7 2017-10-04 False L000559 Rep. Langevin, James R. [D-RI-2] JAMES LANGEVIN D RI R. 2 2017-10-04 False B001285 Rep. Brownley, Julia [D-CA-26] Julia Brownley D CA 26 2017-10-04 False R000606 Rep. Raskin, Jamie [D-MD-8] Jamie Raskin D MD 8 2017-10-04 False P000607 Rep. Pocan, Mark [D-WI-2] Mark Pocan D WI 2 2017-10-04 False C001069 Rep. Courtney, Joe [D-CT-2] Joe Courtney D CT 2 2017-10-04 False S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2017-10-04 False C001049 Rep. Clay, Wm. Lacy [D-MO-1] WM. CLAY D MO LACY 1 2017-10-04 False R000486 Rep. Roybal-Allard, Lucille [D-CA-40] LUCILLE ROYBAL-ALLARD D CA 40 2017-10-04 False L000551 Rep. Lee, Barbara [D-CA-13] BARBARA LEE D CA 13 2017-11-01 False S000510 Rep. Smith, Adam [D-WA-9] ADAM SMITH D WA 9 2017-11-02 False C001080 Rep. Chu, Judy [D-CA-27] Judy Chu D CA 27 2017-11-02 False C001101 Rep. Clark, Katherine M. [D-MA-5] Katherine Clark D MA M. 5 2018-01-18 False C001112 Rep. Carbajal, Salud O. [D-CA-24] Salud Carbajal D CA O. 24 2018-04-16 False Finance and Financial Sector Administrative law and regulatory procedures Business records Civil actions and liability Computer security and identity theft Congressional oversight Consumer Financial Protection Bureau Consumer affairs Consumer credit Contracts and agency Crime victims Disability and paralysis Employee hiring Employment discrimination and employee rights Foreign language and bilingual programs Fraud offenses and financial crimes Government studies and investigations Health information and medical records Higher education Housing finance and home ownership Internet and video services Internet, web applications, social media Low- and moderate-income housing Marketing and advertising Motor vehicles Poverty and welfare assistance Public participation and lobbying Racial and ethnic relations Right of privacy Student aid and college costs Finance and Financial Sector 00 2017-09-13 Introduced in House 2018-01-09T17:06:33Z Comprehensive Consumer Credit Reporting Reform Act of 2017

This bill amends the Fair Credit Reporting Act to revise requirements for disputes regarding consumer credit information reported by a consumer reporting agency (CRA).

The bill prescribes requirements for:

  • record maintenance by furnishers of credit information,
  • CRA action when notified of inaccurate or incomplete information from furnishers, and
  • injunctive relief for consumers in the event of noncompliance.

The bill limits the circumstances in which a CRA may furnish a consumer report for employment purposes.

No CRA may furnish a consumer report containing any adverse item of information relating to a delinquent or defaulted private education loan of a borrower who has a specified demonstrated history of loan repayment.

The bill revises requirements relating to information contained in credit reports, requires removal of adverse information that resulted from specified fraudulent lending activity, and shortens the time period adverse information stays on reports.

The Consumer Financial Protection Bureau (CFPB) must issue final regulations for development of credit scoring models.

CRAs must disclose free credit scores to consumers with their free annual consumer reports.

Specified lenders must give consumers free copies of any consumer reports and credit scores they used for underwriting before consumers sign the respective loan agreements.

The bill establishes requirements related to credit report sales, required disclosures, and credit freezes.

The CFPB is directed to create a nationwide CRA registry.

]]> Comprehensive Consumer Credit Reporting Reform Act of 2017 Display Title Comprehensive Consumer Credit Reporting Reform Act of 2017 Short Titles as Introduced Comprehensive Consumer Credit Reporting Reform Act of 2017 Official Title as Introduced To amend the Fair Credit Reporting Act to improve the consumer reporting system, and for other purposes. Introduced in House 2017-09-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr3755ih/xml/BILLS-115hr3755ih.xml 2017-09-13 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.