(1) in subsection (d), as amended by subsection
(e) of this section, by adding at the end the follow-
ing: ‘‘The term also does not include a communica-
tion described in subsection (o).’’; and
(2) by adding at the end the following:
‘‘(o) A communication is described in this subsection
if it is a communication—
‘‘(1) that, but for the 3rd sentence of sub-
section (d), would be an investigative consumer re-
port;
‘‘(2) that is made to a prospective employer for
the purpose of—
‘‘(A) procuring an employee for the em-
ployer, or
‘‘(B) procuring an opportunity for a natu-
ral person to work for the employer;
‘‘(3) that is made by a person that regularly
performs such procurement;
‘‘(4) that is not used by any person for any
purpose other than a purpose described in para-
graph (2) (A) or (B);
‘‘(5) with respect to which—
‘‘(A) the consumer who is the subject of
the communication—
‘‘(i) consents orally or in writing to
the nature and scope of the communica-
tion, before the collection of any informa-
tion for the purpose of making the commu-
nication;
‘‘(ii) consents orally or in writing to
the making of the communication to a pro-
spective employer, before the making of the
communication; and
‘‘(iii) in the case of consent under
clause (i) or (ii) given orally, is provided
written confirmation of that consent by the
person making the communication, within
3 business days after the receipt of the
consent by that person;
‘‘(B) the person that makes the commu-
nication does not, for the purpose of making
the communication, make any inquiry that if
made by a prospective employer of the
consumer who is the subject of the communica-
tion would violate any applicable Federal or
State equal employment opportunity law or reg-
ulation; and
‘‘(C) the person that makes the commu-
nication—
‘‘(i) discloses in writing to the
consumer who is the subject of the commu-
nication, within 5 business days after re-
ceiving any request from the consumer for
such disclosure, the nature and substance
of all information in the consumer’s file at
the time of the request, except that the
sources of information that is acquired
solely for use in making the communica-
tion and actually used for no other purpose
need not be disclosed other than under ap-
propriate discovery procedures in the court
in which an action is brought; and
‘‘(ii) notifies the consumer that is the
subject of the communication, in writing,
of the consumer’s right to request the in-
formation described in clause (i).’’.
(g) CONSUMER REPORTING AGENCY THAT COM-
PILES
AND
MAINTAINS
FILES
ON
A
NATIONWIDE
BASIS.—Section 603 of the Fair Credit Reporting Act (15
U.S.C. 1681a) is further amended by adding after sub-
section (o) (as added by subsection (f) of this section) the
following:
‘‘(p) The term ‘consumer reporting agency that com-
piles and maintains files on consumers on a nationwide
basis’ means a consumer reporting agency that regularly
engages in the practice of assembling or evaluating, and
maintaining, for the purpose of furnishing consumer re-
ports to third parties bearing on a consumer’s credit-
worthiness, credit standing, or credit capacity, each of the
following regarding consumers residing nationwide:
‘‘(1) Public record information.
‘‘(2) Credit account information from persons
who furnish that information regularly and in the
ordinary course of business.’’.
(h) CLERICAL AMENDMENT.—Section 603(d) of the
Fair Credit Reporting Act (15 U.S.C. 1681a(d)) is
amended in the first sentence—
(1) by inserting ‘‘(1)’’ after ‘‘in whole or in part
for’’; and
(2) by striking ‘‘(1)’’ before ‘‘credit or insur-
ance’’.
SEC. 103. FURNISHING CONSUMER REPORTS; USE FOR EM-
PLOYMENT PURPOSES.
(a) FURNISHING CONSUMER REPORTS FOR BUSI-
NESS TRANSACTIONS.—Section 604 of the Fair Credit Re-
porting Act (15 U.S.C. 1681b) is amended—
(1) by inserting ‘‘(a) IN GENERAL.—’’ before
‘‘A consumer reporting agency’’; and
(2) in subsection (a)(3) (as designated by para-
graph (1) of this subsection) by striking subpara-
graph (E) and inserting the following:
‘‘(E) otherwise has a legitimate business need
for the information—
‘‘(i) in connection with a business trans-
action that is initiated by the consumer; or
‘‘(ii) to review an account to determine
whether the consumer continues to meet the
terms of the account.’’.
(b) FURNISHING AND USING CONSUMER REPORTS
FOR EMPLOYMENT PURPOSES.—Section 604 of the Fair
Credit Reporting Act (15 U.S.C. 1681b) is further amend-
ed by adding at the end the following new subsection:
‘‘(b) CONDITIONS
FOR FURNISHING
AND USING
CONSUMER REPORTS FOR EMPLOYMENT PURPOSES.—
‘‘(1) CERTIFICATION FROM USER.—A consumer
reporting agency may furnish a consumer report for
employment purposes only if—
‘‘(A) the person who obtains such report
from the agency certifies to the agency that—
‘‘(i) the person has complied with
paragraph 
(2) 
with 
respect 
to 
the
consumer report, and the person will com-
ply with paragraph (3) with respect to the
consumer report if paragraph (3) becomes
applicable; and
‘‘(ii) information from the consumer
report will not be used in violation of any
applicable Federal or State equal employ-
ment opportunity law or regulation; and
‘‘(B) the consumer reporting agency pro-
vides with the report a summary of the consum-
er’s rights under this title, as prescribed by the
Federal 
Trade 
Commission 
under 
section
609(c)(3).
‘‘(2) DISCLOSURE
TO
CONSUMER.—A person
may not procure a consumer report, or cause a
consumer report to be procured, for employment
purposes with respect to any consumer unless—
‘‘(A) a clear and conspicuous disclosure
has been made in writing to the consumer at
any time before the report is procured or
caused to be procured, in a document that con-
sists solely of the disclosure, that a consumer
report may be obtained for employment pur-
poses; and
‘‘(B) the consumer has authorized in writ-
ing the procurement of the report by that per-
son.
‘‘(3) CONDITIONS ON USE FOR ADVERSE AC-
TIONS.—In using a consumer report for employment
purposes, before taking any adverse action based in
whole or in part on the report a person shall provide
to the consumer to whom the report relates—
‘‘(A) a copy of the report;
‘‘(B) a description in writing of the con-
sumer’s rights under this title, as prescribed by
the Federal Trade Commission under section
609(c)(3); and
‘‘(C) a reasonable period (not required to
exceed 5 business days following receipt of the
report by the consumer) to respond to any in-
formation in the report that is disputed by the
consumer and notice in writing of the oppor-
tunity for the consumer to respond in that pe-
riod, except that such an opportunity to re-
spond and notice are not required if the person
takes the adverse action based on a reasonable
belief that the consumer has engaged in fraudu-
lent or criminal activity that is related to, or
that could affect, the consumer’s employment.
‘‘(4) LIMITATION
ON
PURPOSES.—Subject to
paragraph (1), a consumer reporting agency may
furnish information bearing on the creditworthiness
of a consumer, and a person may use such informa-
tion, for employment purposes that do not relate to
employment of an individual in an executive or ad-
ministrative position, only if—
‘‘(A) the employment requires or is ex-
pected to require a security clearance issued by
an agency of the United States or any State as
a condition for employment;
‘‘(B) the employment requires or is ex-
pected to require the individual to be covered by
a fidelity bond; or
‘‘(C) the employment requires or is ex-
pected to require the individual, on a regular
basis and as part of the normal duties of em-
ployment—
‘‘(i) to handle or otherwise have ac-
cess to substantial amounts of cash or
other things of value of the employer: or
‘‘(ii) to engage in any conduct or ac-
tivity with respect to which the employee
has a fiduciary duty.
‘‘(5) EXECUTIVE OR ADMINISTRATIVE POSITION
DEFINED.—
‘‘(A) IN GENERAL.—For purposes of para-
graph (4), the term ‘executive or administrative
position’ means any position—
‘‘(i) for which compensation is on a
salary basis and not an hourly basis; and
‘‘(ii) having policy making, manage-
rial, professional, or supervisory respon-
sibilities.
‘‘(B) APPLICATION
OF
EXISTING
FIND-
INGS, ETC.—For purposes of determining under
subparagraph (A)(ii) whether a position has
policy making, managerial, professional, or su-
pervisory responsibilities, all appropriate final
administrative and judicial findings, decisions,
commentary, and orders issued under the Fed-
eral Election Campaign Act of 1971, or the reg-
ulations issued under that Act, shall apply.’’.
SEC. 104. AMENDMENTS RELATING TO USE OF CONSUMER
REPORTS FOR PRESCREENING; PROHIBITION
ON UNAUTHORIZED OR UNCERTIFIED USE OF
INFORMATION.
(a) IN GENERAL.—Section 604 of the Fair Credit
Reporting Act (15 U.S.C. 1681b), as amended by section
103, is further amended—
(1) in subsection (a) by striking ‘‘A consumer
reporting agency’’ and inserting ‘‘Subject to sub-
section (c), any consumer reporting agency’’; and
(2) by adding after subsection (b) (as added by
section 103(b)) the following new subsections:
‘‘(c) FURNISHING REPORTS IN CONNECTION WITH
CREDIT
TRANSACTIONS
NOT
INITIATED
BY
THE
CONSUMER.—
‘‘(1) IN
GENERAL.—A consumer reporting
agency may furnish a consumer report relating to
any consumer pursuant to subsection (a)(3)(A) in
connection with any credit transaction which is not
initiated by the consumer only if—
‘‘(A) the consumer authorizes the agency
to provide such report to such person; or
‘‘(B)(i) the transaction consists of a firm
offer of credit;
‘‘(ii) the consumer reporting agency has
complied with subsection (d); and
‘‘(iii) there is not in effect an election by
the consumer, made in accordance with sub-
section (d), to have the consumer’s name and
address excluded from lists of names provided
by the agency pursuant to this paragraph.
‘‘(2) 
LIMITS
ON
INFORMATION
RECEIVED
UNDER PARAGRAPH (1)(B).—A person may receive
pursuant to paragraph (1)(B) only—
‘‘(A) the name and address of a consumer;
‘‘(B) an identifier that is not unique to the
consumer and is used by the person solely for
the purpose of verifying the identity of the
consumer; and
‘‘(C) information pertaining to a consumer
that is not identified or identifiable with the
consumer.
‘‘(3) INFORMATION
REGARDING
INQUIRIES.—
Except as provided in section 609(a)(5), a consumer
reporting agency shall not furnish to any person a
record of inquiries in connection with credit trans-
actions which are not initiated by a consumer.
‘‘(d) ELECTION OF CONSUMER TO BE EXCLUDED
FROM LISTS.—
‘‘(1) IN GENERAL.—A consumer may elect to
have the consumer’s name and address excluded
from any list provided by a consumer reporting
agency in connection with a credit transaction which
is not initiated by the consumer, by notifying the
agency in accordance with paragraph (2) that the
consumer does not consent to any use of consumer
reports relating to the consumer in connection with
any credit transaction which is not initiated by the
consumer.
‘‘(2) MANNER OF NOTIFICATION.—A consumer
shall notify a consumer reporting agency under
paragraph (1)—
‘‘(A) through the notification system main-
tained by the agency under paragraph (5), or
‘‘(B) by submitting to the agency a signed
notice of election form issued by the agency for
purposes of this subparagraph.
‘‘(3) RESPONSE OF AGENCY AFTER NOTIFICA-
TION THROUGH SYSTEM.—Upon receipt of notifica-
tion of the election of a consumer under paragraph
(1) through the notification system maintained by
the agency under paragraph (5), a consumer report-
ing agency shall—
‘‘(A) inform the consumer that the election
is effective only for a 2-year period if the
consumer does not submit to the agency a
signed notice of election form issued by the
agency for purposes of paragraph (2)(B); and
‘‘(B) provide to the consumer such a form
if requested by the consumer, by not later than
5 business days after receiving the notification
through the system in the case of a request
made at the time the consumer provides notifi-
cation through the system.
‘‘(4) EFFECTIVENESS OF ELECTION.—An elec-
tion of a consumer under paragraph (1)—
‘‘(A) shall be effective with respect to a
consumer reporting agency beginning on the
date the consumer notifies the agency in ac-
cordance with paragraph (2);
‘‘(B) shall be effective with respect to a
consumer reporting agency—
‘‘(i) subject to subparagraph (C), for
the 2-year period beginning on the date the
consumer notifies the agency of the elec-
tion, in the case of an election for which a
consumer notifies the agency only in ac-
cordance with paragraph (2)(A); or
‘‘(ii) until the consumer notifies the
agency under subparagraph (C), in the
case of an election for which a consumer
notifies the agency in accordance with
paragraph (2)(B);
‘‘(C) shall not be effective after the date on
which the consumer notifies the agency,
through the notification system established by
the agency under paragraph (5), that the elec-
tion is no longer effective; and
‘‘(D) shall be effective with respect to each
affiliate of the agency.
‘‘(5) NOTIFICATION
SYSTEM, GENERALLY.—
Each consumer reporting agency which furnishes a
consumer report in connection with any credit trans-
action which is not initiated by a consumer, shall—
‘‘(A) establish and maintain a notification
system, including a toll-free telephone number,
which permits any consumer whose consumer
report is maintained by the agency to notify the
agency, with appropriate identification, of the
consumer’s election to have the consumer’s
name and address excluded from any list of
names and addresses provided by the agency for
such a transaction; and
‘‘(B) publish by not later than 365 days
after the date of the enactment of the
Consumer Reporting Reform Act of 1994, and
at least annually thereafter, in a publication of
general circulation in the area served by the
agency—
‘‘(i) a notification that information in
consumer files maintained by the agency
may be used in connection with such trans-
actions; and
‘‘(ii) the address and toll-free tele-
phone number for consumers to use to no-
tify the agency of the consumer’s election
under subparagraph (A).
Establishment and maintenance of a notification
system (including a toll-free telephone number) and
publication by a consumer reporting agency on its
own behalf and on behalf of any of its affiliates in
accordance with this paragraph is deemed to be
compliance with this paragraph by each of those af-
filiates.
‘‘(6) NOTIFICATION
SYSTEM
BY
AGENCIES
WHICH OPERATE NATIONWIDE.—Each consumer re-
porting agency which compiles and maintains files
on consumers on a nationwide basis shall establish
and maintain a notification system for purposes of
paragraph (5) jointly with other such consumer re-
porting agencies.’’.
(b) USE
OF INFORMATION OBTAINED FROM RE-
PORTS.—Section 604 of the Fair Credit Reporting Act (15
U.S.C. 1681b) is further amended by adding after sub-
section (d) (as added by subsection (a) of this section) the
following new subsection:
‘‘(e) CERTAIN USE OR OBTAINING OF INFORMATION
PROHIBITED.—A person shall not use or obtain a
consumer report for any purpose unless—
‘‘(1) it is obtained for a purpose for which the
consumer report is authorized to be furnished under
subsection (a); and
‘‘(2) the purpose is certified in accordance with
section 607 by a prospective user of the report
through a general or specific certification.’’.
SEC. 105. CONSUMER CONSENT REQUIRED TO FURNISH
CONSUMER REPORT CONTAINING MEDICAL
INFORMATION.
Section 604 of the Fair Credit Reporting Act (15
U.S.C. 1681b), as amended by sections 103 and 104, is
further amended by adding at the end the following:
‘‘(f) FURNISHING REPORTS CONTAINING MEDICAL
INFORMATION.—A consumer reporting agency shall not
furnish for employment purposes, or in connection with
a credit transaction, a consumer report which contains
medical information about a consumer, unless the
consumer consents to the furnishing of the report.’’.
SEC. 106. AMENDMENTS RELATING TO OBSOLETE INFOR-
MATION AND INFORMATION CONTAINED IN
CONSUMER REPORTS.
(a) REPEAL LARGE-DOLLAR EXCEPTIONS.—Section
605 of the Fair Credit Reporting Act (15 U.S.C. 1681c)
is amended—
(1) in subsection (a) by striking ‘‘(a) Except as
authorized under subsection (b), no’’ and inserting
‘‘(a) INFORMATION EXCLUDED FROM CONSUMER
REPORTS.—No’’; and
(2) by striking subsection (b).
(b) CLARIFICATION OF REPORTING PERIOD.—Sec-
tion 605 of the Fair Credit Reporting Act (15 U.S.C.
1681c), as amended by subsection (a), is further amended
by adding at the end the following new subsection:
‘‘(b) RUNNING OF REPORTING PERIOD.—(1) The 7-
year period referred to in paragraphs (4) and (6) of sub-
section (a) shall begin, with respect to any delinquent ac-
count which is placed for collection (internally or by refer-
ral to a 3d party, whichever is earlier), charged to profit
and loss, or subjected to any similar action, upon the expi-
ration of the 180-day period beginning on the date of the
commencement of the delinquency which immediately pre-
ceded the collection activity, charge to profit and loss, or
similar action.
‘‘(2) Paragraph (1) applies only to items of informa-
tion added to a consumer report on or after the date that
is 455 days after the date of the enactment of the
Consumer Reporting Reform Act of 1994.’’.
(c) ADDITIONAL INFORMATION
ON BANKRUPTCY
FILINGS REQUIRED.—Section 605 of the Fair Credit Re-
porting Act (15 U.S.C. 1681c) is further amended by add-
ing after subsection (b) (as added by subsection (b) of this
section) the following new subsection:
‘‘(c) INFORMATION REQUIRED TO BE DISCLOSED.—
Any consumer reporting agency which furnishes a
consumer report which contains information regarding
any case involving the consumer which arises under title
11, United States Code, shall include in the report an
identification of the chapter of such title 11 under which
such case arises if provided by the source of the informa-
tion. If any case arising or filed under title 11, United
States Code, is withdrawn by the consumer prior to a final
judgment, the consumer reporting agency shall include in
the report that such case or filing was withdrawn upon
receipt of documentation certifying such withdrawal.’’.
(d) INDICATION OF CLOSURE OF ACCOUNT; INDICA-
TION OF DISPUTE BY CONSUMER.—Section 605 of the
Fair Credit Reporting Act (15 U.S.C. 1681c) is further
amended by adding after subsection (c) (as added by sub-
section (c) of this section) the following new subsections:
‘‘(d) INDICATION
OF CLOSURE
OF ACCOUNT
BY
CONSUMER.—If a consumer reporting agency is notified
pursuant to section 623(a)(4) that a credit account of a
consumer was voluntarily closed by the consumer, the
agency shall indicate that fact in any consumer report that
includes information related to the account.
‘‘(e) INDICATION OF DISPUTE BY CONSUMER.—If a
consumer reporting agency is notified pursuant to section
623(a)(3) that information regarding a consumer that was
furnished to the agency is disputed by the consumer, the
agency shall indicate that fact in each consumer report
that includes the disputed information.’’.
(e) NOTATION ON CONSUMER REPORT.—Section 605
of the Fair Credit Reporting Act (15 U.S.C. 1681c) is
further amended by adding at the end the following new
subsection:
‘‘(f) CERTAIN ACCOUNT INFORMATION.—A consumer
reporting agency, upon the written request of a consumer,
and subject to the submission of appropriate documenta-
tion by the consumer, shall include with any information
regarding a failure of the consumer to make any payment
on an account of the consumer, a statement (in such form
as the Federal Trade Commission shall prescribe) that
during the period when the account in question became
due, the consumer was receiving assistance pursuant to
a declaration of a disaster by the President under the Rob-
ert T. Stafford Disaster Relief and Emergency Assistance
Act, or unemployment compensation under the laws of any
State (or, but for the exhaustion of benefits, would be enti-
tled to receive such compensation).’’.
(f) CLERICAL AMENDMENTS.—
(1) The heading for section 605 of the Fair
Credit Reporting Act (15 U.S.C. 1681c) is amended
by striking ‘‘Obsolete information’’ and insert-
ing ‘‘Requirements relating to information
contained in consumer reports’’.
(2) The table of sections at the beginning of the
Fair Credit Reporting Act (15 U.S.C. 1681a et seq.)
is amended by striking the item relating to section
605 and inserting the following:
‘‘605. Requirements relating to information contained in consumer reports.’’.
SEC. 107. AMENDMENTS RELATING TO COMPLIANCE PRO-
CEDURES.
(a) DISCLOSURE
OF
CONSUMER
REPORTS
BY
USERS.—Section 607 of the Fair Credit Reporting Act
(15 U.S.C. 1681e) is amended by adding at the end the
following new subsection:
‘‘(c) DISCLOSURE
OF
CONSUMER
REPORTS
BY
USERS ALLOWED.—A consumer reporting agency may not
prohibit a user of a consumer report furnished by the
agency on a consumer from disclosing the contents of the
report to the consumer, if adverse action against the
consumer has been taken, or is contemplated, by the user
based in whole or in part on the report.’’.
(b) NOTICE TO USERS AND PROVIDERS OF INFORMA-
TION TO ENSURE COMPLIANCE.—Section 607 of the Fair
Credit Reporting Act (15 U.S.C. 1681e) is further amend-
ed by adding after subsection (c) (as added by subsection
(a) of this section) the following new subsection:
‘‘(d) NOTICE TO USERS AND FURNISHERS OF INFOR-
MATION.—
‘‘(1) NOTICE REQUIREMENT.—A consumer re-
porting agency shall provide to any person—
‘‘(A) who regularly and in the ordinary
course of business furnishes information to the
agency with respect to any consumer; or
‘‘(B) to whom a consumer report is pro-
vided by the agency;
a notice of such person’s responsibilities under this
title.
‘‘(2) CONTENT
OF
NOTICE.—The Federal
Trade Commission shall prescribe the content of no-
tices under paragraph (1).’’.
(c) RECORD OF IDENTITY OF USERS AND PURPOSES
CERTIFIED BY USERS OF REPORTS.—Section 607 of the
Fair Credit Reporting Act (15 U.S.C. 1681e) is further
amended by adding after subsection (d) (as added by sub-
section (b) of this section) the following new subsection:
‘‘(e) PROCUREMENT OF CONSUMER REPORT FOR RE-
SALE.—
‘‘(1) DISCLOSURE.—A person may not procure
a consumer report for purposes of reselling the re-
port (or any information in the report) unless the
person discloses to the consumer reporting agency
which originally furnishes the report—
‘‘(A) the identity of the end-user of the re-
port (or information), and
‘‘(B) each permissible purpose under sec-
tion 604 for which the report is furnished to
the end-user of the report (or information).
‘‘(2) RESPONSIBILITIES
OF
PROCURERS
FOR
RESALE.—A person which procures a consumer re-
port for purposes of reselling the report (or any in-
formation in the report) shall—
‘‘(A) establish and comply with reasonable
procedures designed to ensure that the report
(or information) is resold by the person only for
a purpose for which the report may be fur-
nished under section 604, including by requir-
ing that each person to which the report (or
information) is resold and which resells or pro-
vides the report (or information) to any other
person—
‘‘(i) identifies each end user of the re-
sold report (or information);
‘‘(ii) certifies each purpose for which
the report (or information) will be used;
and
‘‘(iii) certifies that the report (or in-
formation) will be used for no other pur-
pose; and
‘‘(B) before reselling the report, make
reasonable efforts to verify the identifications
and certifications made under subparagraph
(A).’’.
SEC. 108. AMENDMENTS RELATING TO CONSUMER DISCLO-
SURES.
(a) ALL INFORMATION IN CONSUMER’S FILE RE-
QUIRED TO BE DISCLOSED.—Section 609(a)(1) of the
Fair Credit Reporting Act (15 U.S.C. 1681g(a)(1)) is
amended to read as follows:
‘‘(1) All information in the consumer’s file at
the time of the request.’’.
(b) MORE INFORMATION CONCERNING RECIPIENTS
OF REPORTS REQUIRED.—Section 609(a)(3) of the Fair
Credit Reporting Act (15 U.S.C. 1681g(a)) is amended
to read as follows:
‘‘(3)(A) Identification of each person (including
each end-user identified under section 607(e)(1))
who procured a consumer report—
‘‘(i) for employment purposes within the 2-
year period preceding the request; or
‘‘(ii) for any other purpose within the 1-
year period preceding the request.
‘‘(B) An identification of a person under sub-
paragraph (A) shall include—
‘‘(i) the name of the person or, if applica-
ble, the trade name (written in full) under
which such person conducts business; and
‘‘(ii) upon request of the consumer, the ad-
dress and telephone number of the person.’’.
(c) DISCLOSURE OF PERMISSIBLE PURPOSES.—Sec-
tion 609(a) of the Fair Credit Reporting Act (15 U.S.C.
1681g(a)) is further amended by adding at the end the
following:
‘‘(4) The permissible purpose under section
604, by category, for which each person identified
under paragraph (3) procured a consumer report.’’.
(d) INFORMATION REGARDING INQUIRIES.—Section
609(a) of the Fair Credit Reporting Act (15 U.S.C.
1681g(a)) is amended by adding after paragraph (4) (as
added by subsection (c) of this section) the following:
‘‘(5) A record of all inquiries received by the
agency in the 1-year period preceding the request
that identified the consumer in connection with a
credit transaction which was not initiated by the
consumer.’’.
(e) SUMMARY OF RIGHTS REQUIRED TO BE IN-
CLUDED WITH DISCLOSURE.—
(1) IN
GENERAL.—Section 609 of the Fair
Credit Reporting Act (15 U.S.C. 1681g) is amended
by adding at the end the following new subsection:
‘‘(c) SUMMARY OF RIGHTS REQUIRED TO BE IN-
CLUDED WITH DISCLOSURE.—
‘‘(1) SUMMARY OF RIGHTS.—A consumer re-
porting agency shall provide to a consumer, with
each written disclosure by the agency to the
consumer under this section—
‘‘(A) a written summary of all rights the
consumer has under this title; and
‘‘(B) in the case of a consumer reporting
agency that compiles and maintains files on
consumers on a nationwide basis, a toll-free
telephone number established by the agency at
which personnel are accessible to consumers
during normal business hours.
‘‘(2) SPECIFIC
ITEMS
REQUIRED
TO
BE
IN-
CLUDED.—The summary of rights required under
paragraph (1) shall include—
‘‘(A) a brief description of this title and all
rights of consumers under this title;
‘‘(B) an explanation of how the consumer
may exercise the rights of the consumer under
this title;
‘‘(C) a list of all Federal agencies respon-
sible for enforcing any provision of this title
and the address and any appropriate phone
number of each such agency, in a form that will
assist the consumer in selecting the appropriate
agency;
‘‘(D) a statement that the consumer may
have additional rights under State law and that
the consumer may wish to contact a State or
local consumer protection agency or a State at-
torney general to learn of those rights; and
‘‘(E) a statement that a consumer report-
ing agency is not required to remove accurate
derogatory information from a consumer’s file,
unless the information is outdated under sec-
tion 605 or cannot be verified.
‘‘(3) FORM OF SUMMARY OF RIGHTS.—For pur-
poses of this subsection and any disclosure by a
consumer reporting agency required under this title
with respect to consumers’ rights, the Federal Trade
Commission (after consultation with each Federal
agency referred to in section 621(b)) shall prescribe
the form and content of any disclosure of the rights
of consumers required under this title.’’.
(2) 
TECHNICAL
AMENDMENT.—Section
606(a)(1)(B) of the Fair Credit Reporting Act (15
U.S.C. 1681d(a)(1)(B)) is amended by inserting
‘‘and the written summary of the rights of the
consumer prepared pursuant to section 609(c)’’ be-
fore the semicolon.
(f) FORM OF DISCLOSURES.—
(1) IN GENERAL.—Subsections (a) and (b) of
section 610 of the Fair Credit Reporting Act (15
U.S.C. 1681h) are amended to read as follows:
‘‘(a) IN GENERAL.—
‘‘(1) PROPER
IDENTIFICATION.—A consumer
reporting agency shall require, as a condition of
making the disclosures required under section 609,
that the consumer furnish proper identification.
‘‘(2) DISCLOSURE IN WRITING.—Except as pro-
vided in subsection (b), the disclosures required to
be made under section 609 shall be provided under
that section in writing.
‘‘(b) OTHER FORMS OF DISCLOSURE.—
‘‘(1) 
IN
GENERAL.—If 
authorized 
by 
a
consumer, a consumer reporting agency may make
the disclosures required under 609—
‘‘(A) other than in writing; and
‘‘(B) in such form as may be—
‘‘(i) specified by the consumer in ac-
cordance with paragraph (2); and
‘‘(ii) available from the agency.
‘‘(2) FORM.—A consumer may specify pursuant
to paragraph (1) that disclosures under section 609
shall be made—
‘‘(A) in person, upon the appearance of the
consumer at the place of business of the
consumer reporting agency where disclosures
are regularly provided, during normal business
hours, and on reasonable notice;
‘‘(B) by telephone, if the consumer has
made a written request for disclosure by tele-
phone;
‘‘(C) by electronic means, if available from
the agency; or
‘‘(D) by any other reasonable means that
is available from the agency.’’.
(2) SIMPLIFIED DISCLOSURE.—Not later than
90 days after the date of enactment of this Act, each
consumer reporting agency shall develop a form on
which such consumer reporting agency shall make
the disclosures required under section 609(a) of the
Fair Credit Reporting Act, for the purpose of maxi-
mizing the comprehensibility and standardization of
such disclosures.
(3) GOALS.—The Federal Trade Commission
shall take appropriate action to assure that the goals
of 
comprehensibility 
and 
standardization 
are
achieved in accordance with paragraph (2).
(4) CONFORMING AMENDMENTS.—
(A) Section 609(a) of the Fair Credit Re-
porting Act (15 U.S.C. 1681h(a)) is amended
in the matter preceding paragraph (1) by strik-
ing ‘‘and proper identification of any consumer’’
and 
inserting 
‘‘and 
subject 
to 
section
610(a)(1)’’.
(B) Section 610 of the Fair Credit Report-
ing Act (15 U.S.C. 1681h) is amended in the