US HB4313 | 2017-2018 | 115th Congress

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on November 8 2017 - 25% progression, died in committee
Action: 2017-11-08 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Fair Credit Reporting for Servicemembers Act This bill amends the Fair Credit Reporting Act to: (1) specify that to be considered an active duty military consumer, a consumer must be assigned away from the usual duty station for a period of at least 90 days, and (2) allow a consumer to provide proof to a consumer reporting agency that an adverse credit report item occurred while on active duty. The bill requires a consumer reporting agency to provide an active duty military consumer's relevant active duty status on adverse credit report items. A consumer reporting agency must issue alerts to an active duty military consumer regarding negative information received about that consumer. The bill expresses the sense of Congress that users of consumer reports should take into account active duty military status when evaluating a consumer's creditworthiness.

Tracking Information

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Title

Fair Credit Reporting for Servicemembers Act

Sponsors


History

DateChamberAction
2017-11-08HouseReferred to the House Committee on Financial Services.
2017-11-08HouseIntroduced in House

Subjects


US Congress State Sources


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