Title: Debt Bondage Repair Act
Policy area: Finance and Financial Sector

Summary:
Debt Bondage Repair Act
This bill prohibits a consumer reporting agency from reporting adverse credit information about a consumer that is the result of severe human trafficking or sex trafficking. A court of competent jurisdiction must determine that the consumer is a victim of trafficking.

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2332 Introduced in House (IH)]

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117th CONGRESS
  1st Session
                                H. R. 2332

  To prohibit consumer reporting agencies from furnishing a consumer 
 report containing any adverse item of information about a consumer if 
   such consumer is a victim of trafficking, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 1, 2021

   Mr. McHenry (for himself, Mrs. Wagner, Mr. Gonzalez of Ohio, Mr. 
Taylor, and Mr. Hill) introduced the following bill; which was referred 
                 to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
  To prohibit consumer reporting agencies from furnishing a consumer 
 report containing any adverse item of information about a consumer if 
   such consumer is a victim of trafficking, 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 ``Debt Bondage Repair Act''.

SEC. 2. ADVERSE INFORMATION IN CASES OF TRAFFICKING.

    (a) In General.--The Fair Credit Reporting Act (15 U.S.C. 1681 et 
seq.) is amended by inserting after section 605B the following:
``Sec. 605C Adverse information in cases of trafficking
    ``(a) In General.--A consumer reporting agency may not furnish a 
consumer report containing any adverse item of information about a 
consumer that resulted from a severe form of trafficking in persons or 
sex trafficking if a court of competent jurisdiction, in a lawsuit that 
is not a class action lawsuit, has determined that the consumer is a 
victim of trafficking.
    ``(b) Rulemaking.--
            ``(1) In general.--The Director shall, not later than 180 
        days after the date of the enactment of this section, issue a 
        rule to implement subsection (a).
            ``(2) Contents.--The rule issued pursuant to paragraph (1) 
        shall establish a method by which consumers may submit 
        documentation to consumer reporting agencies, including--
                    ``(A) documentation of a determination by a court 
                of competent jurisdiction that such consumer is a 
                victim of trafficking; and
                    ``(B) documentation that identifies items of 
                adverse information that should not be furnished by the 
                consumer reporting agency because the items resulted 
                from the severe form of trafficking in persons or sex 
                trafficking of which the consumer is a victim.
    ``(c) Victim of Trafficking Defined.--For the purposes of this 
section, the term ``victim of trafficking'' means a person who--
            ``(1) is a victim of a severe form of trafficking in 
        persons or sex trafficking, as such terms are defined in 
        section 103 of the Trafficking Victims Protection Act of 2000; 
        and
            ``(2) has been listed as a victim in a criminal case 
        against a person who has been found guilty of a severe form of 
        trafficking in persons or sex trafficking.''.
    (b) Table of Contents Amendment.--The table of contents of the Fair 
Credit Reporting Act is amended by inserting after the item relating to 
section 605B the following new item:

``605C. Adverse information in cases of trafficking.''.
    (c) Effective Date.--The amendments made by this section shall 
apply on the sooner of--
            (1) the date that is 30 days after the date on which the 
        Director of the Bureau of Consumer Financial Protection issues 
        a rule pursuant to section 605C(b) of the Fair Credit Reporting 
        Act; or
            (2) the date that is 2 years after the date of the 
        enactment of section 605C of the Fair Credit Reporting Act.
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