Title: The Credit Access and Inclusion Act of 2017
Policy area: Finance and Financial Sector

Summary:
Credit Access and Inclusion Act of 2017
This bill amends the Fair Credit Reporting Act to allow the reporting of certain positive consumer-credit information to consumer reporting agencies. Specifically, a person or the Department of Housing and Urban Development may report information related to a consumer's performance in making payments either under a lease agreement for a dwelling or pursuant to a contract for a utility or telecommunications service. However, information about a consumer's usage of any utility or telecommunications service may be reported only to the extent that the information relates to payment by the consumer for such service or other terms of the provision of that service. Furthermore, an energy-utility firm may not report a consumer's outstanding balance as late if the firm and the consumer have entered into a payment plan and the consumer is meeting the obligations of that plan.
Specified provisions of the Consumer Credit Protection Act that establish civil liability with respect to furnishers of information to consumer reporting agencies shall not apply to any violation of the bill.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 435 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 435

  To amend the Fair Credit Reporting Act to clarify Federal law with 
 respect to reporting certain positive consumer credit information to 
          consumer reporting agencies, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 11, 2017

Mr. Ellison (for himself, Mr. Pittenger, Mrs. Carolyn B. Maloney of New 
 York, Mr. Duffy, Mr. Al Green of Texas, Mr. Stivers, Mr. Meeks, Mrs. 
Love, Mr. Capuano, Mr. Renacci, Ms. Moore, Mr. Jones, Mr. Conyers, Mr. 
Grijalva, and Ms. Schakowsky) introduced the following bill; which was 
            referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
  To amend the Fair Credit Reporting Act to clarify Federal law with 
 respect to reporting certain positive consumer credit information to 
          consumer reporting agencies, and for other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``The Credit Access and Inclusion Act 
of 2017''.

SEC. 2. POSITIVE CREDIT REPORTING PERMITTED.

    (a) In General.--Section 623 of the Fair Credit Reporting Act (15 
U.S.C. 1681s-2) is amended by adding at the end the following new 
subsection:
    ``(f) Full-File Credit Reporting.--
            ``(1) In general.--Subject to the limitation in paragraph 
        (2) and notwithstanding any other provision of law, a person or 
        the Secretary of Housing and Urban Development may furnish to a 
        consumer reporting agency information relating to the 
        performance of a consumer in making payments--
                    ``(A) under a lease agreement with respect to a 
                dwelling, including such a lease in which the 
                Department of Housing and Urban Development provides 
                subsidized payments for occupancy in a dwelling; or
                    ``(B) pursuant to a contract for a utility or 
                telecommunications service.
            ``(2) Limitation.--Information about a consumer's usage of 
        any utility services provided by a utility or telecommunication 
        firm may be furnished to a consumer reporting agency only to 
        the extent that such information relates to payment by the 
        consumer for the services of such utility or telecommunication 
        service or other terms of the provision of the services to the 
        consumer, including any deposit, discount, or conditions for 
        interruption or termination of the services.
            ``(3) Payment plan.--An energy utility firm may not report 
        payment information to a consumer reporting agency with respect 
        to an outstanding balance of a consumer as late if--
                    ``(A) the energy utility firm and the consumer have 
                entered into a payment plan (including a deferred 
                payment agreement, an arrearage management program, or 
                a debt forgiveness program) with respect to such 
                outstanding balance; and
                    ``(B) the consumer is meeting the obligations of 
                the payment plan, as determined by the energy utility 
                firm.
            ``(4) Definitions.--In this subsection, the following 
        definitions shall apply:
                    ``(A) Energy utility firm.--The term `energy 
                utility firm' means an entity that provides gas or 
                electric utility services to the public.
                    ``(B) Utility or telecommunication firm.--The term 
                `utility or telecommunication firm' means an entity 
                that provides utility services to the public through 
                pipe, wire, landline, wireless, cable, or other 
                connected facilities, or radio, electronic, or similar 
                transmission (including the extension of such 
                facilities).''.
    (b) Limitation on Liability.--Section 623(c) of the Consumer Credit 
Protection Act (15 U.S.C. 1681s-2(c)) is amended--
            (1) in paragraph (2), by striking ``or'' at the end;
            (2) by redesignating paragraph (3) as paragraph (4); and
            (3) by inserting after paragraph (2) the following new 
        paragraph:
            ``(3) subsection (f) of this section, including any 
        regulations issued thereunder; or''.
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