II 111th CONGRESS 2d Session S. 3247 IN THE SENATE OF THE UNITED STATES April 22, 2010 Mr. Udall of Colorado (for himself, Mr. Lugar, Mr. Brown of Massachusetts, Mrs. Hagan, Mr. Levin, Mr. Lieberman, Mr. Menendez, Ms. Klobuchar, Mrs. Shaheen, and Mr. Udall of New Mexico) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To amend the Fair Credit Reporting Act with respect to fair and reasonable fees for credit scores.

1.

Short title

This Act may be cited as the Fair Access to Credit Scores Act of 2010.

2.

Repeal of Credit score disclosure fees

Section 609(f)(8) of the Fair Credit Reporting Act (15 U.S.C. 1681g(f)(8)) is amended to read as follows: (8)

Free annual credit score

(A)

In general

Section 612(a) shall apply to each consumer reporting agency described in subsections (p) and (w) of section 603 in making disclosures pursuant to this subsection. (B)

Reasonable fees

Other than with respect to a free annual disclosure, as provided in subparagraph (A) and section 612(a), a consumer reporting agency may charge a fair and reasonable fee, as determined by the Commission, for providing the information required under this subsection. .

3.

Conforming amendment

Section 612(a)(1)(A) of the Fair Credit Reporting Act (15 U.S.C. 1681j(a)(1)(A)) is amended by inserting , including disclosure of a credit score under section 609(f)(8), before once.