IB 

Union Calendar No. 335 

116TH CONGRESS 

2D SESSION H. R. 5332 

[Report No. 116–416] 

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. 

IN THE HOUSE OF REPRESENTATIVES 

DECEMBER 6, 2019 

Mr. GOTTHEIMER (for himself and Mr. REED) introduced the following bill; 

which was referred to the Committee on Financial Services 

MARCH 12, 2020 

Reported with an amendment; committed to the Committee of the Whole 

House on the State of the Union and ordered to be printed 

[Strike out all after the enacting clause and insert the part printed in italic] 

[For text of introduced bill, see copy of bill as introduced on December 6, 2019] 


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A BILL 

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. 


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

3 SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 

4 (a) SHORT TITLE.—This Act may be cited as the ‘‘Pro5 tecting Your Credit Score Act of 2019’’. 

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

7 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. 

8 SEC. 2. ESTABLISHMENT OF ONLINE CONSUMER PORTAL 

9 LANDING PAGE FOR CONSUMER ACCESS TO 

10 CERTAIN CREDIT INFORMATION. 

11 (a) IN GENERAL.—Section 612(a)(1) of the Fair Cred12 it Reporting Act (15 U.S.C. 1681j(a)(1)) is amended by 

13 adding at the end the following: 

14 ‘‘(D) ONLINE CONSUMER PORTAL LANDING

15 PAGE.— 

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

17 year after the date of enactment of this sub18 paragraph, each consumer reporting agency 

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1 velop an online consumer portal landing 

2 page that gives each consumer unlimited 

3 free access to— 

4 ‘‘(I) the consumer report of the 

5 consumer; 

6 ‘‘(II) the means by which the con7 sumer may exercise the rights of the 

8 consumer under subparagraph (E) and 

9 section 604(e); 

10 ‘‘(III) the ability to initiate a dis11 pute with the consumer reporting agen12 cy regarding the accuracy or complete13 ness of any information in a report in 

14 accordance with section 611(a) or 

15 623(a)(8); 

16 ‘‘(IV) the ability to place and re17 move a security freeze on a consumer 

18 report for free under section 605A(i) 

19 and (j); 

20 ‘‘(V) if the consumer reporting 

21 agency offers a product to consumers to 

22 prevent access to the consumer report 

23 of the consumer for the purpose of pre24 venting identity theft, a disclosure to 

25 the consumer regarding the differences 


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1 between that product and a security 

2 freeze as defined under section 605A(i) 

3 or (j); 

4 ‘‘(VI) information on who has 

5 accessed the consumer report of the 

6 consumer over the last 24 months, and, 

7 as available, for what permissible pur8 pose the consumer report was furnished 

9 in accordance with section 604 and 

10 section 609; and 

11 ‘‘(VII) the credit score of the con12 sumer in accordance with section 

13 609(f)(7). 

14 ‘‘(ii) NO WAIVER.—A consumer report15 ing agency described in section 603(p) may 

16 not require a consumer to waive any legal 

17 or privacy rights to access— 

18 ‘‘(I) a portal established under 

19 this subparagraph; or 

20 ‘‘(II) any of the services described 

21 in clause (i) that are provided through 

22 a portal established under this sub23 paragraph. 

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1 paragraph may not contain any adver2 tising, marketing offers, or other solicita3 tions. 

4 ‘‘(iv) EXTENSION.—The Bureau may 

5 allow the consumer reporting agencies an 

6 extension of 1 year to develop the online 

7 consumer portal landing page required 

8 under clause (i). 

9 ‘‘(v) RULE OF CONSTRUCTION.—Noth10 ing in this subparagraph may be construed 

11 as requiring a consumer reporting agency 

12 to disclose confidential proprietary informa13 tion through the online consumer portal 

14 landing page. 

15 ‘‘(E) OPT-OUT OPTION.— 

16 ‘‘(i) IN GENERAL.—If a consumer re17 porting agency sells consumer information 

18 in a manner that is not included in a con19 sumer report, the consumer reporting agen20 cy shall provide each consumer with a 

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

22 writing) by which the consumer may elect, 

23 free of charge, to not have the information 

24 of the consumer so sold. 


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1 ‘‘(ii) NO EXPIRATION.—An election 

2 made by a consumer under clause (i) shall 

3 expire on the date on which the consumer 

4 expressly revokes the election through a 

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

6 (b) CONFORMING AMENDMENT.—Section 612(f)(1) of 

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

8 amended, in the matter preceding subparagraph (A), by 

9 adding ‘‘or that is made through the online consumer portal 

10 landing page established under subsection (a)(1)(D),’’ after 

11 ‘‘subsections (a) through (d),’’. 

12 SEC. 3. ACCURACY IN CONSUMER REPORTS. 

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

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

15 ‘‘(b) ENSURING ACCURACY.— 

16 ‘‘(1) IN GENERAL.—In preparing a consumer re17 port, each consumer reporting agency shall follow rea18 sonable procedures to assure maximum possible accu19 racy of the information concerning the consumer to 

20 whom the report relates. 

21 ‘‘(2) MATCHING INFORMATION IN A FILE.—In as22 suring the maximum possible accuracy under para23 graph (1), each consumer reporting agency described 

24 in section 603(p) shall ensure that, when including 


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1 information in the file of a consumer, the consumer 

2 reporting agency— 

3 ‘‘(A) matches all 9 digits of the social secu4 rity number of the consumer with the informa5 tion that the consumer reporting agency is in6 cluding in the file; or 

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

8 security number, matches information that in9 cludes the full legal name, date of birth, current 

10 address, and at least one former address of the 

11 consumer. 

12 ‘‘(3) PERIODIC AUDITS.—Each consumer report13 ing agency shall perform periodic audits, on a sched14 ule determined by the Bureau, on a representative 

15 sample of consumer reports of the agency to check for 

16 accuracy.’’. 

17 SEC. 4. IMPROVED DISPUTE PROCESS FOR CONSUMER RE18 PORTING AGENCIES. 

19 (a) RESPONSIBILITIES OF FURNISHERS OF INFORMA20 TION TO CONSUMER REPORTING AGENCIES.—Section 623 

21 of the Fair Credit Reporting Act (15 U.S.C. 1681s–2) is 

22 amended— 

23 (1) in subsection (a)(8)— 

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

25 ‘‘and consider’’ after ‘‘review’’; and 


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1 (B) in subparagraph (F)— 

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

3 and does not include any new or additional 

4 information that would be relevant to a re5 investigation’’ before the period at the end; 

6 and 

7 (ii) by adding at the end the following 

8 new clause: 

9 ‘‘(iv) NEW OR ADDITIONAL INFORMA10 TION.—For purposes of clause (i)(II), the 

11 term ‘new or additional information’— 

12 ‘‘(I) means information of a type 

13 designated by the Bureau; and 

14 ‘‘(II) does not include information 

15 previously provided to the person.’’; 

16 and 

17 (2) in subsection (b)(1), by inserting ‘‘and con18 sider’’ after ‘‘review’’. 

19 (b) BUREAU CREDIT REPORTING OMBUDSPERSON.— 

20 Section 611(a) of the Fair Credit Reporting Act (15 U.S.C. 

21 1681i(a)) is amended by adding at the end the following: 

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 of 

2 credit reporting ombudsperson, whose specific 

3 duties shall include carrying out the Bureau’s 

4 responsibilities with respect to— 

5 ‘‘(i) resolving persistent errors that are 

6 not resolved in a timely manner by a con7 sumer 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 Office 

12 of Enforcement and the Office of Su13 pervision of the Bureau, on any poten14 tial violations of paragraph (5) or any 

15 other applicable law by a consumer re16 porting agency, including appropriate 

17 corrective action for such a violation; 

18 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 (5) 

24 or any other applicable law by a con25 sumer 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, as 

8 well as a summary of the supervisory actions 

9 and enforcement actions taken with respect to 

10 consumer reporting agencies during the year cov11 ered 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 REPORT19 ING AGENCIES RELATING TO REINVESTIGA20 TIONS.—Commensurate with the volume and 

21 complexity of disputes about which a consumer 

22 reporting agency receives notice, or reasonably 

23 anticipates to receive notice, under this para24 graph, each consumer reporting agency 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 taken 

21 by the consumer reporting agency regarding 

22 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, including— 

6 ‘‘(I) submitting documents in sup7 port of the dispute; 

8 ‘‘(II) adding a consumer state9 ment of dispute to the file of the con10 sumer pursuant to subsection (b); 

11 ‘‘(III) filing a dispute with the 

12 furnisher pursuant to section 

13 623(a)(8); and 

14 ‘‘(IV) submitting a complaint 

15 against the consumer reporting agency 

16 or furnishers through the consumer 

17 complaint database of the Bureau or 

18 the State attorney general for the State 

19 in which the consumer resides;’’; 

20 (C) by striking paragraph (7) and redesig21 nating paragraph (8) as paragraph (7); and 

22 (D) in paragraph (7), as so redesignated, by 

23 striking ‘‘paragraphs (2), (6), and (7)’’ and in24 serting ‘‘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 INFORMATION.— 

4 A consumer reporting agency described in section 603(p) 

5 shall communicate with other consumer reporting agencies 

6 described in section 603(p) to ensure that a dispute initi7 ated with one consumer reporting agency is noted in a file 

8 maintained by such other consumer reporting agencies.’’. 

9 SEC. 5. INJUNCTIVE RELIEF. 

10 (a) IN GENERAL.—The Fair Credit Reporting Act (15 

11 U.S.C. 1681 et seq.) is amended— 

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

13 (A) in subsection (a), by amending the sub14 section heading to read as follows: ‘‘DAMAGES’’; 

15 (B) by redesignating subsections (c) and (d) 

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

17 (C) by inserting after subsection (b) the fol18 lowing: 

19 ‘‘(c) INJUNCTIVE RELIEF.— 

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

21 remedy under this section, a court may award in22 junctive relief to require compliance with the require23 ments imposed under this title with respect to any 

24 consumer. 


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

2 successful action for injunctive relief under this sub3 section, a court may award to the prevailing party 

4 reasonable attorney’s fees (as determined by the court) 

5 incurred by the prevailing party during the action.’’; 

6 and 

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

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

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

10 inserting ‘‘(a) DAMAGES.—’’; 

11 (B) by redesignating subsection (b) as sub12 section (c); and 

13 (C) by inserting after subsection (a) the fol14 lowing: 

15 ‘‘(b) INJUNCTIVE RELIEF.— 

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

17 remedy under this section, a court may award in18 junctive relief to require compliance with the require19 ments imposed under this title with respect to any 

20 consumer. 

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

22 successful action for injunctive relief under this sub23 section, a court may award to the prevailing party 

24 reasonable attorney’s fees (as determined by the court) 

25 incurred by the prevailing party during the action.’’. 


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

2 Credit Reporting Act (15 U.S.C. 1681m(h)(8)) is amend3 ed— 

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

5 and inserting ‘‘subsection’’; and 

6 (2) in subparagraph (B), by striking ‘‘This sec7 tion’’ and inserting ‘‘This subsection’’. 

8 SEC. 6. INCREASED TRANSPARENCY. 

9 (a) DISCLOSURES TO CONSUMERS.—Section 609 of the 

10 Fair Credit Reporting Act (15 U.S.C. 1681g) is amended— 

11 (1) in subsection (a)(3)(B)— 

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

13 end; and 

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

15 following: 

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

17 the person; and 

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

19 of the person for obtaining the consumer report, 

20 including the specific type of credit product that 

21 is extended, reviewed, or collected, as described in 

22 section 604(a)(3)(A).’’; 

23 (2) in subsection (f)— 

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

25 as follows: 


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

2 score through the portal established under section 

3 612(a)(1)(D) or upon request by the consumer, 

4 as applicable, that— 

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

6 model that is widely distributed to users by 

7 that consumer reporting agency for the pur8 pose of any extension of credit or other 

9 transaction designated by the consumer who 

10 is requesting the credit score; or 

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

12 common consumer loan products and pre13 dicts the future credit behavior of the con14 sumer; and’’; and 

15 (B) in paragraph (8), by inserting ‘‘, except 

16 that a credit score shall be provided free of 

17 charge to the consumer if requested in connection 

18 with a free annual consumer report described in 

19 section 612(a) or through the online consumer 

20 portal landing page established under section 

21 612(a)(1)(D)’’ before the period at the end; and 

22 (3) in subsection (g)(1)— 

23 (A) in subparagraph (A)(ii)— 


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1 (i) in the clause heading, by striking 

2 ‘‘SUBPARAGRAPH (D)’’ and inserting ‘‘SUB3 PARAGRAPH (C)’’; and 

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

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

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

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

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

9 (D) by redesignating subparagraphs (D) 

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

11 respectively. 

12 (b) NOTIFICATION REQUIREMENTS.— 

13 (1) ADVERSE INFORMATION NOTIFICATION.— 

14 (A) IN GENERAL.—The Fair Credit Report15 ing Act (15 U.S.C. 1681 et seq.) is amended— 

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

17 striking subsection (b) and inserting the fol18 lowing: 

19 ‘‘(b) FREE DISCLOSURE AFTER NOTICE OF ADVERSE

20 ACTION OR OFFER OF CREDIT ON MATERIALLY LESS FA21 VORABLE TERM.—Not later than 30 days after the date on 

22 which a consumer reporting agency receives a notification 

23 under subsection (a)(2) or (h)(6) of section 615, or from 

24 a debt collection agency affiliated with the consumer report25 ing agency, the consumer reporting agency shall make to 


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1 a consumer, without charge to the consumer, all disclosures 

2 that are made to a user of a consumer report in accordance 

3 with the rules prescribed by the Bureau.’’; and 

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

5 1681m(a))— 

6 (I) by redesignating paragraphs 

7 (2), (3), and (4) as paragraphs (3), 

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

9 (II) by inserting after paragraph 

10 (1) the following: 

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

12 provided the consumer report that was used in the de13 cision to take the adverse action to provide the con14 sumer with the disclosures described in section 

15 612(b);’’; and 

16 (III) in paragraph (5), as so re17 designated— 

18 (aa) in the matter preceding 

19 subparagraph (A), by striking ‘‘of 

20 the consumer’s right’’; 

21 (bb) by striking subpara22 graph (A) and inserting the fol23 lowing: 

24 ‘‘(A) that the consumer shall receive a copy 

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1 sumer, free of charge, from the consumer report2 ing agency that furnished the consumer report; 

3 and’’; and 

4 (cc) in subparagraph (B), by 

5 inserting ‘‘of the right of the con6 sumer’’ before ‘‘to dispute’’. 

7 (B) CONFORMING AMENDMENT.—Section 

8 604(b)(2)(B)(i) of the Fair Credit Reporting Act 

9 (15 U.S.C. 1681b(b)(2)(B)(i)) is amended by 

10 striking ‘‘section 615(a)(3)’’ and inserting ‘‘sec11 tion 615(a)(4)’’. 

12 (2) NOTIFICATION IN CASES OF LESS FAVORABLE

13 TERMS.—Section 615(h) of the Fair Credit Reporting 

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

15 (A) in paragraph (1), by striking ‘‘para16 graph (6)’’ and inserting ‘‘paragraph (7)’’; 

17 (B) in paragraph (2), by striking ‘‘para18 graph (6)’’ and inserting ‘‘paragraph (7)’’; 

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

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

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

22 and (8) as paragraphs (7), (8), and (9), respec23 tively; and 

24 (E) by inserting after paragraph (5) the fol25 lowing: 


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

2 person who uses a consumer report as described in 

3 paragraph (1) shall notify and direct the consumer 

4 reporting agency that provided the consumer report to 

5 provide the consumer with the disclosures described in 

6 section 612(b).’’. 

7 (3) NOTIFICATION OF SUBSEQUENT SUBMISSIONS

8 OF NEGATIVE INFORMATION.—Section 

9 623(a)(7)(A)(ii) of the Fair Credit Reporting Act (15 

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

11 ‘‘with respect to’’ and all that follows through the pe12 riod at the end and inserting ‘‘without providing ad13 ditional notice to the consumer, unless another person 

14 acquires the right to repayment connected to the addi15 tional negative information. The acquiring person 

16 shall be subject to the requirements of this paragraph 

17 and shall be required to send consumers the written 

18 notices described in this paragraph, if applicable.’’. 

19 SEC. 7. CONSUMER REPORTING AGENCY REGISTRY. 

20 Section 621 of the Fair Credit Reporting Act (15 

21 U.S.C. 1681s) is amended by adding at the end the fol22 lowing: 

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

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

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1 section, the Bureau shall establish a publicly available 

2 registry of consumer reporting agencies that in3 cludes— 

4 ‘‘(A) each consumer reporting agency that 

5 compiles and maintains files on consumers on a 

6 nationwide basis; 

7 ‘‘(B) each nationwide specialty consumer 

8 reporting agency; 

9 ‘‘(C) all other consumer reporting agencies 

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

11 603(x); and 

12 ‘‘(D) links to any relevant websites of a con13 sumer reporting agency described under subpara14 graphs (A) through (C). 

15 ‘‘(2) REGISTRATION REQUIREMENT.—The Bu16 reau shall establish a deadline, which shall be not 

17 later than 270 days after the date of the enactment 

18 of this subsection, by which each consumer reporting 

19 agency described in paragraph (1) shall be required 

20 to register in the registry established under such 

21 paragraph.’’. 


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1 SEC. 8. AUTHORITY OF BUREAU WITH RESPECT TO CON2 SUMER REPORTING AGENCIES. 

3 Section 1024(a)(1) of the Dodd-Frank Wall Street Re4 form and Consumer Protection Act (12 U.S.C. 5514(a)(1)) 

5 is amended— 

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

7 end; 

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

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

10 (3) by adding at the end the following new sub11 paragraph: 

12 ‘‘(F) is a consumer reporting agency de13 scribed under section 603(p) of the Fair Credit 

14 Reporting Act.’’. 

15 SEC. 9. BUREAU STANDARDS FOR PROTECTING NONPUBLIC 

16 INFORMATION. 

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

18 6801 et seq.) is amended— 

19 (1) in section 501, by adding at the end the fol20 lowing new subsection: 

21 ‘‘(c) CONSUMER REPORTING AGENCY SAFEGUARDS.— 

22 The Bureau of Consumer Financial Protection shall estab23 lish, by rule, appropriate standards for consumer reporting 

24 agencies described under section 603(p) of the Fair Credit 

25 Reporting Act relating to administrative, technical, and 


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1 physical safeguards to protect records and information as 

2 described in paragraphs (1) through (3) of subsection (b).’’; 

3 (2) in section 504(a)(1)(A), by striking ‘‘, except 

4 that the Bureau of Consumer Financial Protection 

5 shall not have authority to prescribe regulations with 

6 respect to the standards under section 501’’; and 

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

8 than under subsection (c) of section 501’’ after ‘‘sec9 tion 501’’. 

10 SEC. 10. REPORT ON DATA SECURITY RISK ASSESSMENTS 

11 IN EXAMINATIONS OF CONSUMER REPORT12 ING AGENCIES. 

13 Not later than 90 days after the date of the enactment 

14 of this Act, the Director of the Bureau of Consumer Finan15 cial Protection shall assess whether examinations conducted 

16 by the Director of consumer reporting agencies described 

17 under section 603(f) of the Fair Credit Reporting Act (15 

18 U.S.C. 1681a(f)) include sufficient processes to addresses 

19 any data security risks to the consumers of such agencies 

20 on which such agencies maintain and compile files. Along 

21 with the first semiannual report required under section 

22 1016(b) of the Consumer Financial Protection Act of 2010 

23 (12 U.S.C. 5496(b)) to be submitted after the 90-day period 

24 after the date of the enactment of this Act, the Director shall 


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1 submit to Congress a report containing the results of such 

2 assessment that includes— 

3 (1) recommendations for improving the processes 

4 to addresses any such data security risks; and 

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

6 improvements described under paragraph (1). 

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

8 NUMBERS. 

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

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

11 of consumer reporting agencies replacing the use of social 

12 security numbers as identifiers with another type of Federal 

13 identification. 

14 (b) REPORT.—Not later than the end of the 2-year pe15 riod beginning on the date of the enactment of this Act, 

16 the Comptroller General shall issue a report to the Congress 

17 containing all findings and determinations made in car18 rying out the study required under subsection (a). 


pbinns on DSKJLVW7X2PROD with BILLS
Union Calendar No. 335 

116TH CONGRESS 

2D SESSION H. R. 5332 

[Report No. 116–416] 

A BILL 

To amend the Fair Credit Reporting Act to ensure 

sumer reports, and for other purposes. fair and accurate information reporting in conthat consumer reporting agencies are providing 

MARCH 12, 2020 

Reported with an amendment; committed to the Comand ordered to be printed mittee of the Whole House on the State of the Union 


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