FAIR AND ACCURATE CREDIT TRANSACTIONS ACT

Amendments

Enact (H.R. 2622), H8084, H8085, H8086, H8087 [9SE], H8131, H8139, H8140, H8145, H8149, H8151, H8152, H8156, H8158, H8160, H8163, H8176 [10SE]

Analyses

Provisions (H.R. 2622): Conference Report, E2512-E2519 [8DE]

Appointments

Conferees: H.R. 2622, provisions, S13994 [5NO], H10515 [6NO]

Bills and resolutions

Enact (H.R. 2622): consideration (see H. Res. 360), H8081 [9SE]

Conference reports

Provisions (H.R. 2622), H12198-H12214 [21NO]

Cost Estimates

Provisions (H.R. 2622): CBO (Private Sector Mandates), E1742 [9SE]

Letters

Credit card issuers' prohibition from increasing a consumers interest rate based on credit information unrelated to transactions with the consumer: Alan Greenspan, FRS, H8155 [10SE]

Prevent affiliated companies from sharing personal customer information through creation of a national opt-out standard: Jackie Speier, California State Senate, S13981 [5NO]

Provisions: Representative Oxley, Committee on Financial Services (House), E2463 [25NO]

———Representative Sensenbrenner, Committee on the Judiciary (House), E2463 [25NO]

Lists

Consumer protections, H12216 [21NO]

Organizations involved in California financial privacy legislation negotiations, H8149 [10SE]

Motions

Enact (H.R. 2622), H10514 [6NO]

Remarks in House

Credit: address credit bureau regulations that prevent certain individuals from obtaining a credit rating, H8157 [10SE]

———allow adjustment of response time for requests for free credit reports whenever national credit bureaus experience a high volume of such requests, H8156, H8157 [10SE]

———allow any consumer to receive a free credit report annually from any national or regional consumer reporting agency, H8160-H8163 [10SE]

———allow consumers to require confirmation of identity before any new credit account is issued in their name, H8163 [10SE]

———clarify the variables used in determining the need for a risk-based pricing notice in connection with mortgage loans, E2493 [8DE]

———prevent future State laws from preempting Federal regulations that allow any consumer to receive a free credit report annually from certain consumer reporting agencies, H8149-H8151 [10SE]

———require entities that furnish information to credit bureaus to reinvestigate any disputed information after the consumer has asked for reinvestigation that fails to resolve the dispute, H8151, H8152 [10SE], H10514, H10515 [6NO]

Credit cards: prohibit issuers from increasing a consumers interest rate based on credit information unrelated to transactions with the consumer, H8152-H8156 [10SE]

Enact (H.R. 2622), H8118-H8167 [10SE], E1775 [11SE]

———amendment process, H7994 [5SE]

———conference report, H12214-H12224 [21NO], E2463 [25NO], E2493, E2512 [8DE]

———consideration (H. Res. 360), H8111-H8116 [10SE]

———corrections in engrossment, H8167 [10SE]

———motion to instruct conferees, H10514, H10515 [6NO]

Fair Credit Reporting Act: exempt certain communications from the definition of consumer reports, H8123 [10SE]

———identity theft national uniform standards, H8126, H8127 [10SE]

———sunset uniform national consumer protection standards, H8158-H8160 [10SE], E1775 [11SE]

Financial institutions: prevent Federal preemption of State financial privacy laws, H8131, H8141-H8149 [10SE]

Government: require all agencies requesting private credit information in the course of terrorism investigations to abide by certain privacy protections, H8160 [10SE]

Remarks in Senate

Consumers: prevent affiliated companies from sharing personal customer information through creation of a national opt-out standard, S13980 [5NO]

———strengthen restrictions on business affiliate sharing of medical information, S13980 [5NO]

Enact (H.R. 2622), S13980-S13994 [5NO]

———conference report, S15570 [22NO], S15806 [24NO], S15966 [25NO]

———insert S. 1753 language in lieu, S13980 [5NO]

Reports filed

Consideration of H.R. 2622, Provisions: Committee on Rules (House) (H. Res. 360) (H. Rept. 108-267), H8081 [9SE]

Provisions: Committee of Conference (H.R. 2622) (H. Rept. 108-396), H12306 [21NO]

———Committee on Financial Services (House) (H.R. 2622) (H. Rept. 108-263), H7948 [4SE], H8081 [9SE]

Texts of

H. Res. 360, consideration of H.R. 2622, provisions, H8111 [10SE]

H.R. 2622, provisions, S13982-S13994 [5NO]