[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6413 Introduced in House (IH)]

<DOC>






116th CONGRESS
  2d Session
                                H. R. 6413

 To amend the Fair Credit Reporting Act to prohibit consumer reporting 
agencies from including any adverse item of information on the consumer 
  report of an individual with respect to debt related to a COVID-19 
                related illness, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 27, 2020

 Mr. Murphy of North Carolina introduced the following bill; which was 
            referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
 To amend the Fair Credit Reporting Act to prohibit consumer reporting 
agencies from including any adverse item of information on the consumer 
  report of an individual with respect to debt related to a COVID-19 
                related illness, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Coronavirus Credit Lapse Forgiveness 
Act''.

SEC. 2. PROHIBITIONS RELATING TO CONSUMER REPORT FOR INDIVIDUALS WITH A 
              DEBT RELATED TO A COVID-19 RELATED ILLNESS.

    Section 605(a) of the Fair Credit Reporting Act (15 U.S.C. 
1681c(a)) is amended by adding at the end the following:
            ``(9) Any adverse item of information related to a debt 
        incurred before the end of the 1-year period beginning on the 
        date of the enactment of this paragraph arising from a COVID-19 
        related illness for an individual who earns less than $50,000 a 
        year (or in the case of a couple that is married filing jointly 
        less than $75,000 a year)--
                    ``(A) if the debt antedates the report by less than 
                1-year and if the consumer reporting agency has actual 
                knowledge that the debt arises from a COVID-19 related 
                illness; or
                    ``(B) if the consumer reporting agency has actual 
                knowledge that the debt is related to a COVID-19 
                related illness and if such debt is paid or settled 
                before the end of the 1-year period beginning on the 
                date such debt was due.''.
                                 <all>