3.0.0 1645 2023-01-11T13:48:25Z 2023-01-11T13:48:25Z House HR 2021-03-08 117 [Congressional Record Volume 167, Number 43 (Monday, March 8, 2021)][House][Pages H1121-H1122]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. McHENRY:H.R. 1645.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3:To regulate Commerce with foreign Nations, and among theseveral States, and with the Indian Tribes.Article 1, Section 8, Clause 18:To make all Laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of[[Page H1122]]the United States, or in any Department or Officer thereof.]]> hsba00 Financial Services Committee House Standing Referred to 2021-03-08T17:02:35Z 2021-03-08 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2021-03-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-03-08 Introduced in House IntroReferral 1000 9 Library of Congress M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 N Finance and Financial Sector Banking and financial institutions regulation Business records Computer security and identity theft Congressional oversight Consumer Financial Protection Bureau Consumer affairs Consumer credit Crime victims Debt collection Fraud offenses and financial crimes Government information and archives Government studies and investigations Health care costs and insurance Higher education Housing finance and home ownership Social security and elderly assistance Student aid and college costs Finance and Financial Sector 00 2021-03-08 Introduced in House 2021-05-20T19:25:14Z Protecting Consumer Access to Credit Act

This bill revises requirements related to credit reporting agencies and the reporting of adverse credit information.

Credit reporting agencies are prohibited from using social security numbers in credit reports and as a method of verifying a consumer's identity.

The Consumer Financial Protection Bureau must supervise and examine the cybersecurity of certain credit reporting agencies.

The bill prohibits a credit reporting agency from reporting paid, medically-necessary debt if the debt was paid over a year prior. A credit reporting agency is also prohibited from reporting certain adverse credit information related to financial abuse, unfair or fraudulent mortgage lending, or fraudulent private student lending.

The bill extends the time credit reporting agencies have to place a credit security freeze when receiving such a request by phone or through electronic means from one to three business days. It also extends the time agencies have to remove a freeze from one hour to three days.

]]> Protecting Consumer Access to Credit Act Display Title Protecting Consumer Access to Credit Act Official Title as Introduced To amend the Fair Credit Reporting Act to make improvements to the regulation of consumer reporting agencies and protect consumers, and for other purposes. Introduced in House IH Short Title(s) as Introduced Protecting Consumer Access to Credit Act Introduced in House IH Introduced in House 2021-03-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr1645ih/xml/BILLS-117hr1645ih.xml 2021-03-08 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.