II 

116TH CONGRESS 

2D SESSION H. R. 5332 

IN THE SENATE OF THE UNITED STATES 

JUNE 30, 2020 

Received 

AN ACT 

To amend the Fair Credit Reporting Act to ensure that 

consumer reporting agencies are providing fair and accurate information reporting in consumer reports, and for 

other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 


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1 SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 

2 (a) SHORT TITLE.—This Act may be cited as the 

3 ‘‘Protecting Your Credit Score Act of 2020’’. 

4 (b) TABLE OF CONTENTS.—The table of contents for 

5 this Act is as follows: 

Sec. 1. Short title; table of contents. 

Sec. 2. Establishment of online consumer portal landing page for consumer access to certain credit information. 

Sec. 3. Accuracy in consumer reports. 

Sec. 4. Improved dispute process for consumer reporting agencies. 

Sec. 5. Injunctive relief. 

Sec. 6. Increased transparency. 

Sec. 7. Consumer reporting agency registry. 

Sec. 8. Authority of Bureau with respect to consumer reporting agencies. 

Sec. 9. Bureau standards for protecting nonpublic information. 

Sec. 10. Report on data security risk assessments in examinations of consumer 

reporting agencies. 

Sec. 11. GAO study on the use of social security numbers. 

6 SEC. 2. ESTABLISHMENT OF ONLINE CONSUMER PORTAL 

7 LANDING PAGE FOR CONSUMER ACCESS TO 

8 CERTAIN CREDIT INFORMATION. 

9 (a) IN GENERAL.—Section 612(a)(1) of the Fair 

10 Credit Reporting Act (15 U.S.C. 1681j(a)(1)) is amended 

11 by adding at the end the following: 

12 ‘‘(D) ONLINE CONSUMER PORTAL LANDING

13 PAGE.— 

14 ‘‘(i) IN GENERAL.—Not later than 1 

15 year after the date of enactment of this 

16 subparagraph, each consumer reporting 

17 agency described in section 603(p) shall 

18 jointly develop an online consumer portal 


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1 landing page that gives each consumer un2 limited free access to— 

3 ‘‘(I) the consumer report of the 

4 consumer; 

5 ‘‘(II) the means by which the 

6 consumer may exercise the rights of 

7 the consumer under subparagraph (E) 

8 and section 604(e); 

9 ‘‘(III) the ability to initiate a dis10 pute with the consumer reporting 

11 agency regarding the accuracy or 

12 completeness of any information in a 

13 report in accordance with section 

14 611(a) or 623(a)(8); 

15 ‘‘(IV) the ability to place and re16 move a security freeze on a consumer 

17 report for free under section 605A(i) 

18 and (j); 

19 ‘‘(V) if the consumer reporting 

20 agency offers a product to consumers 

21 to prevent access to the consumer re22 port of the consumer for the purpose 

23 of preventing identity theft, a disclo24 sure to the consumer regarding the 

25 differences between that product and 


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1 a security freeze as defined under sec2 tion 605A(i) or (j); 

3 ‘‘(VI) information on who has 

4 accessed the consumer report of the 

5 consumer over the last 24 months, 

6 and, as available, for what permissible 

7 purpose the consumer report was fur8 nished in accordance with section 604 

9 and section 609; and 

10 ‘‘(VII) the credit score of the 

11 consumer in accordance with section 

12 609(f)(7). 

13 ‘‘(ii) NO WAIVER.—A consumer re14 porting agency described in section 603(p) 

15 may not require a consumer to waive any 

16 legal or privacy rights to access— 

17 ‘‘(I) a portal established under 

18 this subparagraph; or 

19 ‘‘(II) any of the services de20 scribed in clause (i) that are provided 

21 through a portal established under 

22 this subparagraph. 

23 ‘‘(iii) NO ADVERTISING OR SOLICITA24 TIONS.—A portal established under this 

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1 tising, marketing offers, or other solicita2 tions. 

3 ‘‘(iv) EXTENSION.—The Bureau may 

4 allow the consumer reporting agencies an 

5 extension of 1 year to develop the online 

6 consumer portal landing page required 

7 under clause (i). 

8 ‘‘(v) RULE OF CONSTRUCTION.— 

9 Nothing in this subparagraph may be con10 strued as requiring a consumer reporting 

11 agency to disclose confidential proprietary 

12 information through the online consumer 

13 portal landing page. 

14 ‘‘(E) OPT-OUT OPTION.— 

15 ‘‘(i) IN GENERAL.—If a consumer re16 porting agency sells consumer information 

17 in a manner that is not included in a con18 sumer report, the consumer reporting 

19 agency shall provide each consumer with a 

20 method (through a website, by phone, or in 

21 writing) by which the consumer may elect, 

22 free of charge, to not have the information 

23 of the consumer so sold. 

24 ‘‘(ii) NO EXPIRATION.—An election 

25 made by a consumer under clause (i) shall 


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1 expire on the date on which the consumer 

2 expressly revokes the election through a 

3 website, by phone, or in writing.’’. 

4 (b) CONFORMING AMENDMENT.—Section 612(f)(1) 

5 of the Fair Credit Reporting Act (15 U.S.C. 1681j(f)(1)) 

6 is amended, in the matter preceding subparagraph (A), 

7 by adding ‘‘or that is made through the online consumer 

8 portal landing page established under subsection 

9 (a)(1)(D),’’ after ‘‘subsections (a) through (d),’’. 

10 SEC. 3. ACCURACY IN CONSUMER REPORTS. 

11 Section 607(b) of the Fair Credit Reporting Act (15 

12 U.S.C. 1681e) is amended to read as follows: 

13 ‘‘(b) ENSURING ACCURACY.— 

14 ‘‘(1) IN GENERAL.—In preparing a consumer 

15 report, each consumer reporting agency shall follow 

16 reasonable procedures to assure maximum possible 

17 accuracy of the information concerning the consumer 

18 to whom the report relates. 

19 ‘‘(2) MATCHING INFORMATION IN A FILE.—In 

20 assuring the maximum possible accuracy under 

21 paragraph (1), each consumer reporting agency de22 scribed in section 603(p) shall ensure that, when in23 cluding information in the file of a consumer, the 

24 consumer reporting agency— 


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1 ‘‘(A) matches all 9 digits of the social se2 curity number of the consumer with the infor3 mation that the consumer reporting agency is 

4 including in the file; or 

5 ‘‘(B) if a consumer does not have a social 

6 security number, matches information that in7 cludes the full legal name, date of birth, current 

8 address, and at least one former address of the 

9 consumer. 

10 ‘‘(3) PERIODIC AUDITS.—Each consumer re11 porting agency shall perform periodic audits, on a 

12 schedule determined by the Bureau, on a representa13 tive sample of consumer reports of the agency to 

14 check for accuracy.’’. 

15 SEC. 4. IMPROVED DISPUTE PROCESS FOR CONSUMER RE16 PORTING AGENCIES. 

17 (a) RESPONSIBILITIES OF FURNISHERS OF INFOR18 MATION TO CONSUMER REPORTING AGENCIES.—Section 

19 623 of the Fair Credit Reporting Act (15 U.S.C. 1681s– 

20 2) is amended— 

21 (1) in subsection (a)(8)— 

22 (A) in subparagraph (E)(ii), by inserting 

23 ‘‘and consider’’ after ‘‘review’’; and 

24 (B) in subparagraph (F)— 


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1 (i) in clause (i)(II), by inserting ‘‘, 

2 and does not include any new or additional 

3 information that would be relevant to a re4 investigation’’ before the period at the end; 

5 and 

6 (ii) by adding at the end the following 

7 new clause: 

8 ‘‘(iv) NEW OR ADDITIONAL INFORMA9 TION.—For purposes of clause (i)(II), the 

10 term ‘new or additional information’— 

11 ‘‘(I) means information of a type 

12 designated by the Bureau; and 

13 ‘‘(II) does not include informa14 tion previously provided to the per15 son.’’; and 

16 (2) in subsection (b)(1), by inserting ‘‘and con17 sider’’ after ‘‘review’’. 

18 (b) BUREAU CREDIT REPORTING OMBUDSPERSON.— 

19 Section 611(a) of the Fair Credit Reporting Act (15 

20 U.S.C. 1681i(a)) is amended by adding at the end the fol21 lowing: 

22 ‘‘(8) BUREAU CREDIT REPORTING

23 OMBUDSPERSON.— 

24 ‘‘(A) IN GENERAL.—Not later than 180 

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1 graph, the Bureau shall establish the position 

2 of credit reporting ombudsperson, whose spe3 cific duties shall include carrying out the Bu4 reau’s responsibilities with respect to— 

5 ‘‘(i) resolving persistent errors that 

6 are not resolved in a timely manner by a 

7 consumer reporting agency; and 

8 ‘‘(ii) enhancing oversight of consumer 

9 reporting agencies by— 

10 ‘‘(I) advising the Director of the 

11 Bureau, in consultation with the Of12 fice of Enforcement and the Office of 

13 Supervision of the Bureau, on any po14 tential violations of paragraph (5) or 

15 any other applicable law by a con16 sumer reporting agency, including ap17 propriate corrective action for such a 

18 violation; and 

19 ‘‘(II) making referrals to the Of20 fice of Supervision for supervisory ac21 tion or the Office of Enforcement for 

22 enforcement action, as appropriate, in 

23 response to violations of paragraph 

24 (5) or any other applicable law by a 

25 consumer reporting agency. 


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1 ‘‘(B) REPORT.—The ombudsperson shall 

2 submit to the Committee on Financial Services 

3 of the House of Representatives and the Com4 mittee on Banking, Housing, and Urban Affairs 

5 of the Senate an annual report including statis6 tics and analysis on consumer complaints the 

7 Bureau receives relating to consumer reports, 

8 as well as a summary of the supervisory actions 

9 and enforcement actions taken with respect to 

10 consumer reporting agencies during the year 

11 covered by the report.’’. 

12 (c) RESPONSIBILITIES OF CONSUMER REPORTING

13 AGENCIES.—Section 611 of the Fair Credit Reporting Act 

14 (15 U.S.C. 1681i) is amended— 

15 (1) in subsection (a)— 

16 (A) in paragraph (1), by adding at the end 

17 the following: 

18 ‘‘(D) OBLIGATIONS OF CONSUMER RE19 PORTING AGENCIES RELATING TO REINVES20 TIGATIONS.—Commensurate with the volume 

21 and complexity of disputes about which a con22 sumer reporting agency receives notice, or rea23 sonably anticipates to receive notice, under this 

24 paragraph, each consumer reporting agency 

25 shall— 


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1 ‘‘(i) maintain sufficient personnel to 

2 conduct reinvestigations of those disputes; 

3 and 

4 ‘‘(ii) provide training with respect to 

5 the personnel described in clause (i).’’; 

6 (B) in paragraph (6)(B)— 

7 (i) by amending clause (ii) to read as 

8 follows: 

9 ‘‘(ii) a copy of the consumer’s file and 

10 a consumer report that is based upon such 

11 file as revised, including a description of 

12 the specific modification or deletion of in13 formation, as a result of the reinvestiga14 tion;’’; 

15 (ii) by striking clause (iii) and redes16 ignating clauses (iv) and (v) as clauses (vi) 

17 and (vii), respectively; 

18 (iii) by inserting after clause (ii) the 

19 following: 

20 ‘‘(iii) a description of the actions 

21 taken by the consumer reporting agency 

22 regarding the dispute; 

23 ‘‘(iv) if applicable, contact information 

24 for any furnisher involved in responding to 

25 the dispute and a description of the role 


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1 played by the furnisher in the reinvestiga2 tion process; 

3 ‘‘(v) the options available to the con4 sumer if the consumer is dissatisfied with 

5 the result of the reinvestigation, includ6 ing— 

7 ‘‘(I) submitting documents in 

8 support of the dispute; 

9 ‘‘(II) adding a consumer state10 ment of dispute to the file of the con11 sumer pursuant to subsection (b); 

12 ‘‘(III) filing a dispute with the 

13 furnisher pursuant to section 

14 623(a)(8); and 

15 ‘‘(IV) submitting a complaint 

16 against the consumer reporting agen17 cy or furnishers through the consumer 

18 complaint database of the Bureau or 

19 the State attorney general for the 

20 State in which the consumer resides;’’; 

21 (C) by striking paragraph (7) and redesig22 nating paragraph (8) as paragraph (7); and 

23 (D) in paragraph (7), as so redesignated, 

24 by striking ‘‘paragraphs (2), (6), and (7)’’ and 

25 inserting ‘‘paragraphs (2) and (6)’’; and 


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1 (2) by adding at the end the following new sub2 section: 

3 ‘‘(h) NOTIFICATION OF DELETION OF INFORMA4 TION.—A consumer reporting agency described in section 

5 603(p) shall communicate with other consumer reporting 

6 agencies described in section 603(p) to ensure that a dis7 pute initiated with one consumer reporting agency is noted 

8 in a file maintained by such other consumer reporting 

9 agencies.’’. 

10 SEC. 5. INJUNCTIVE RELIEF. 

11 (a) IN GENERAL.—The Fair Credit Reporting Act 

12 (15 U.S.C. 1681 et seq.) is amended— 

13 (1) in section 616 (15 U.S.C. 1681n)— 

14 (A) in subsection (a), by amending the 

15 subsection heading to read as follows: ‘‘DAM16 AGES’’; 

17 (B) by redesignating subsections (c) and 

18 (d) as subsections (d) and (e), respectively; and 

19 (C) by inserting after subsection (b) the 

20 following: 

21 ‘‘(c) INJUNCTIVE RELIEF.— 

22 ‘‘(1) IN GENERAL.—In addition to any other 

23 remedy under this section, a court may award in24 junctive relief to require compliance with the reVerDate Sep 11 2014 22:59 Jan 04, 2021 Jkt 019200 PO 00000 Frm 00013 Fmt 6652 Sfmt 6201 E:\BILLS\H5332.RDS H5332

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1 quirements imposed under this title with respect to 

2 any consumer. 

3 ‘‘(2) ATTORNEY’S FEES.—In the event of any 

4 successful action for injunctive relief under this sub5 section, a court may award to the prevailing party 

6 reasonable attorney’s fees (as determined by the 

7 court) incurred by the prevailing party during the 

8 action.’’; and 

9 (2) in section 617 (15 U.S.C. 1681o)— 

10 (A) in subsection (a), in the subsection 

11 heading, by striking ‘‘(a) IN GENERAL.—’’ and 

12 inserting ‘‘(a) DAMAGES.—’’; 

13 (B) by redesignating subsection (b) as sub14 section (c); and 

15 (C) by inserting after subsection (a) the 

16 following: 

17 ‘‘(b) INJUNCTIVE RELIEF.— 

18 ‘‘(1) IN GENERAL.—In addition to any other 

19 remedy under this section, a court may award in20 junctive relief to require compliance with the re21 quirements imposed under this title with respect to 

22 any consumer. 

23 ‘‘(2) ATTORNEY’S FEES.—In the event of any 

24 successful action for injunctive relief under this sub25 section, a court may award to the prevailing party 


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1 reasonable attorney’s fees (as determined by the 

2 court) incurred by the prevailing party during the 

3 action.’’. 

4 (b) ENFORCEMENT.—Section 615(h)(8) of the Fair 

5 Credit Reporting Act (15 U.S.C. 1681m(h)(8)) is amend6 ed— 

7 (1) in subparagraph (A), by striking ‘‘section’’ 

8 and inserting ‘‘subsection’’; and 

9 (2) in subparagraph (B), by striking ‘‘This sec10 tion’’ and inserting ‘‘This subsection’’. 

11 SEC. 6. INCREASED TRANSPARENCY. 

12 (a) DISCLOSURES TO CONSUMERS.—Section 609 of 

13 the Fair Credit Reporting Act (15 U.S.C. 1681g) is 

14 amended— 

15 (1) in subsection (a)(3)(B)— 

16 (A) in clause (i), by striking ‘‘and’’ at the 

17 end; and 

18 (B) by striking clause (ii) and inserting the 

19 following: 

20 ‘‘(ii) the address and telephone number of 

21 the person; and 

22 ‘‘(iii) the permissible purpose, as available, 

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1 uct that is extended, reviewed, or collected, as 

2 described in section 604(a)(3)(A).’’; 

3 (2) in subsection (f)— 

4 (A) by amending paragraph (7)(A) to read 

5 as follows: 

6 ‘‘(A) supply the consumer with a credit 

7 score through the portal established under sec8 tion 612(a)(1)(D) or upon request by the con9 sumer, as applicable, that— 

10 ‘‘(i) is derived from a credit scoring 

11 model that is widely distributed to users by 

12 that consumer reporting agency for the 

13 purpose of any extension of credit or other 

14 transaction designated by the consumer 

15 who is requesting the credit score; or 

16 ‘‘(ii) is widely distributed to lenders of 

17 common consumer loan products and pre18 dicts the future credit behavior of the con19 sumer; and’’; and 

20 (B) in paragraph (8), by inserting ‘‘, ex21 cept that a credit score shall be provided free 

22 of charge to the consumer if requested in con23 nection with a free annual consumer report de24 scribed in section 612(a) or through the online 

25 consumer portal landing page established under 


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1 section 612(a)(1)(D)’’ before the period at the 

2 end; and 

3 (3) in subsection (g)(1)— 

4 (A) in subparagraph (A)(ii)— 

5 (i) in the clause heading, by striking 

6 ‘‘SUBPARAGRAPH (D)’’ and inserting ‘‘SUB7 PARAGRAPH (C)’’; and 

8 (ii) by striking ‘‘subparagraph (D)’’ 

9 and inserting ‘‘subparagraph (C)’’; 

10 (B) in subparagraph (B)(ii), by striking 

11 ‘‘consistent with subparagraph (C)’’; 

12 (C) by striking subparagraph (C); and 

13 (D) by redesignating subparagraphs (D) 

14 through (G) as subparagraphs (C) through (F), 

15 respectively. 

16 (b) NOTIFICATION REQUIREMENTS.— 

17 (1) ADVERSE INFORMATION NOTIFICATION.— 

18 (A) IN GENERAL.—The Fair Credit Re19 porting Act (15 U.S.C. 1681 et seq.) is amend20 ed— 

21 (i) in section 612 (15 U.S.C. 1681j), 

22 by striking subsection (b) and inserting the 

23 following: 

24 ‘‘(b) FREE DISCLOSURE AFTER NOTICE OF AD25 VERSE ACTION OR OFFER OF CREDIT ON MATERIALLY


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1 LESS FAVORABLE TERM.—Not later than 30 days after 

2 the date on which a consumer reporting agency receives 

3 a notification under subsection (a)(2) or (h)(6) of section 

4 615, or from a debt collection agency affiliated with the 

5 consumer reporting agency, the consumer reporting agen6 cy shall make to a consumer, without charge to the con7 sumer, all disclosures that are made to a user of a con8 sumer report in accordance with the rules prescribed by 

9 the Bureau.’’; and 

10 (ii) in section 615(a) (15 U.S.C. 

11 1681m(a))— 

12 (I) by redesignating paragraphs 

13 (2), (3), and (4) as paragraphs (3), 

14 (4), and (5), respectively; 

15 (II) by inserting after paragraph 

16 (1) the following: 

17 ‘‘(2) direct the consumer reporting agency that 

18 provided the consumer report that was used in the 

19 decision to take the adverse action to provide the 

20 consumer with the disclosures described in section 

21 612(b);’’; and 

22 (III) in paragraph (5), as so re23 designated— 


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1 (aa) in the matter preceding 

2 subparagraph (A), by striking 

3 ‘‘of the consumer’s right’’; 

4 (bb) by striking subpara5 graph (A) and inserting the fol6 lowing: 

7 ‘‘(A) that the consumer shall receive a 

8 copy of the consumer report with respect to the 

9 consumer, free of charge, from the consumer 

10 reporting agency that furnished the consumer 

11 report; and’’; and 

12 (cc) in subparagraph (B), by 

13 inserting ‘‘of the right of the con14 sumer’’ before ‘‘to dispute’’. 

15 (B) CONFORMING AMENDMENT.—Section 

16 604(b)(2)(B)(i) of the Fair Credit Reporting 

17 Act (15 U.S.C. 1681b(b)(2)(B)(i)) is amended 

18 by striking ‘‘section 615(a)(3)’’ and inserting 

19 ‘‘section 615(a)(4)’’. 

20 (2) NOTIFICATION IN CASES OF LESS FAVOR21 ABLE TERMS.—Section 615(h) of the Fair Credit 

22 Reporting Act (15 U.S.C. 1681m(h)) is amended— 

23 (A) in paragraph (1), by striking ‘‘para24 graph (6)’’ and inserting ‘‘paragraph (7)’’; 


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1 (B) in paragraph (2), by striking ‘‘para2 graph (6)’’ and inserting ‘‘paragraph (7)’’; 

3 (C) in paragraph (5)(C), by striking ‘‘may 

4 obtain’’ and inserting ‘‘shall receive’’; 

5 (D) by redesignating paragraphs (6), (7), 

6 and (8) as paragraphs (7), (8), and (9), respec7 tively; and 

8 (E) by inserting after paragraph (5) the 

9 following: 

10 ‘‘(6) REPORTS PROVIDED TO CONSUMERS.—A 

11 person who uses a consumer report as described in 

12 paragraph (1) shall notify and direct the consumer 

13 reporting agency that provided the consumer report 

14 to provide the consumer with the disclosures de15 scribed in section 612(b).’’. 

16 (3) NOTIFICATION OF SUBSEQUENT SUBMIS17 SIONS OF NEGATIVE INFORMATION.—Section 

18 623(a)(7)(A)(ii) of the Fair Credit Reporting Act 

19 (15 U.S.C. 1681s–2(a)(7)(A)(ii)) is amended by 

20 striking ‘‘with respect to’’ and all that follows 

21 through the period at the end and inserting ‘‘without 

22 providing additional notice to the consumer, unless 

23 another person acquires the right to repayment con24 nected to the additional negative information. The 

25 acquiring person shall be subject to the requirements 


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1 of this paragraph and shall be required to send con2 sumers the written notices described in this para3 graph, if applicable.’’. 

4 SEC. 7. CONSUMER REPORTING AGENCY REGISTRY. 

5 Section 621 of the Fair Credit Reporting Act (15 

6 U.S.C. 1681s) is amended by adding at the end the fol7 lowing: 

8 ‘‘(h) CONSUMER REPORTING AGENCY REGISTRY.— 

9 ‘‘(1) ESTABLISHMENT OF REGISTRY.—Not later 

10 than 180 days after the date of enactment of this 

11 subsection, the Bureau shall establish a publicly 

12 available registry of consumer reporting agencies 

13 that includes— 

14 ‘‘(A) each consumer reporting agency that 

15 compiles and maintains files on consumers on a 

16 nationwide basis; 

17 ‘‘(B) each nationwide specialty consumer 

18 reporting agency; 

19 ‘‘(C) all other consumer reporting agencies 

20 that are not included under section 603(p) or 

21 603(x); and 

22 ‘‘(D) links to any relevant websites of a 

23 consumer reporting agency described under 

24 subparagraphs (A) through (C). 


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1 ‘‘(2) REGISTRATION REQUIREMENT.—The Bu2 reau shall establish a deadline, which shall be not 

3 later than 270 days after the date of the enactment 

4 of this subsection, by which each consumer reporting 

5 agency described in paragraph (1) shall be required 

6 to register in the registry established under such 

7 paragraph.’’. 

8 SEC. 8. AUTHORITY OF BUREAU WITH RESPECT TO CON9 SUMER REPORTING AGENCIES. 

10 Section 1024(a)(1) of the Dodd-Frank Wall Street 

11 Reform and Consumer Protection Act (12 U.S.C. 

12 5514(a)(1)) is amended— 

13 (1) in subparagraph (D), by striking ‘‘or’’ at 

14 the end; 

15 (2) in subparagraph (E), by striking the period 

16 at the end and inserting ‘‘; or’’; and 

17 (3) by adding at the end the following new sub18 paragraph: 

19 ‘‘(F) is a consumer reporting agency de20 scribed under section 603(p) of the Fair Credit 

21 Reporting Act.’’. 

22 SEC. 9. BUREAU STANDARDS FOR PROTECTING NON23 PUBLIC INFORMATION. 

24 Title V of the Gramm-Leach-Bliley Act (15 U.S.C. 

25 6801 et seq.) is amended— 


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1 (1) in section 501, by adding at the end the fol2 lowing new subsection: 

3 ‘‘(c) CONSUMER REPORTING AGENCY SAFE4 GUARDS.—The Bureau of Consumer Financial Protection 

5 shall establish, by rule, appropriate standards for con6 sumer reporting agencies described under section 603(p) 

7 of the Fair Credit Reporting Act relating to administra8 tive, technical, and physical safeguards to protect records 

9 and information as described in paragraphs (1) through 

10 (3) of subsection (b).’’; 

11 (2) in section 504(a)(1)(A), by striking ‘‘, ex12 cept that the Bureau of Consumer Financial Protec13 tion shall not have authority to prescribe regulations 

14 with respect to the standards under section 501’’; 

15 and 

16 (3) in section 505(a)(8), by inserting ‘‘, other 

17 than under subsection (c) of section 501’’ after ‘‘sec18 tion 501’’. 

19 SEC. 10. REPORT ON DATA SECURITY RISK ASSESSMENTS 

20 IN EXAMINATIONS OF CONSUMER REPORT21 ING AGENCIES. 

22 Not later than 90 days after the date of the enact23 ment of this Act, the Director of the Bureau of Consumer 

24 Financial Protection shall assess whether examinations 

25 conducted by the Director of consumer reporting agencies 


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1 described under section 603(f) of the Fair Credit Report2 ing Act (15 U.S.C. 1681a(f)) include sufficient processes 

3 to addresses any data security risks to the consumers of 

4 such agencies on which such agencies maintain and com5 pile files. Along with the first semiannual report required 

6 under section 1016(b) of the Consumer Financial Protec7 tion Act of 2010 (12 U.S.C. 5496(b)) to be submitted 

8 after the 90-day period after the date of the enactment 

9 of this Act, the Director shall submit to Congress a report 

10 containing the results of such assessment that includes— 

11 (1) recommendations for improving the proc12 esses to addresses any such data security risks; and 

13 (2) the progress of the Director on making any 

14 improvements described under paragraph (1). 

15 SEC. 11. GAO STUDY ON THE USE OF SOCIAL SECURITY 

16 NUMBERS. 

17 (a) STUDY.—The Comptroller General of the United 

18 States shall carry out a study on the feasibility and means 

19 of consumer reporting agencies replacing the use of social 

20 security numbers as identifiers with another type of Fed21 eral identification. 

22 (b) REPORT.—Not later than the end of the 2-year 

23 period beginning on the date of the enactment of this Act, 

24 the Comptroller General shall issue a report to the ConVerDate Sep 11 2014 22:59 Jan 04, 2021 Jkt 019200 PO 00000 Frm 00024 Fmt 6652 Sfmt 6201 E:\BILLS\H5332.RDS H5332

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25 

HR 5332 RDS

1 gress containing all findings and determinations made in 

2 carrying out the study required under subsection (a). 

Passed the House of Representatives June 29, 2020. 

Attest: CHERYL L. JOHNSON, 

Clerk. 


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