National Heroes Credit Protection Act

Bill: 110-hr-513
Sponsor: Rep. Brady, Robert A. [D-PA-1]
Introduced: 2007-01-17 in the House
Policy area: Armed Forces and National Security
Subjects: Commerce
Consumer credit
Finance and Financial Sector
Military personnel

Summary:
action_date: 2007-01-17
text: 
National Heroes Credit Protection Act - Amends the Soldiers' and Sailors' Civil Relief Act of 1940 to require any consumer credit information entity that receives from a creditor a negative report of nonpayment or late payment with respect to the account of a person in military service to enter a notation that the account is delinquent or paid slowly due to military service. Requires any future potential creditor that receives a credit report that includes such a notation to disregard any negative information so noted.

action_date: 2007-11-05
text: 
National Heroes Credit Protection Act - Amends the Soldiers' and Sailors' Civil Relief Act of 1940 to authorize a member of the reserves who is deployed outside the United States for 180 days or more in support of a contingency operation (servicemember) to request that a consumer reporting agency (CRA) include in that servicemember's file a military service deployment explanation (explanation) with respect to an account that was opened by the servicemember before such deployment.
 
Requires: (1) a reseller of credit reporting information to include in any report on a servicemember any explanation placed in such servicemember's file by another CRA; and (2) any user of a consumer credit report containing such explanation to acknowledge the explanation.


Legislative actions:
action_date: 2007-11-06
text: Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.
action_date: 2007-11-05
text: The title of the measure was amended. Agreed to without objection.
action_date: 2007-11-05
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2007-11-05
text: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 349 - 0 (Roll no. 1035). (text: CR H12471)
action_date: 2007-11-05
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 349 - 0 (Roll no. 1035).(text: CR H12471)
action_date: 2007-11-05
text: Considered as unfinished business. (consideration: CR H12481-12482)
action_date: 2007-11-05
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2007-11-05
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 513.
action_date: 2007-11-05
text: Considered under suspension of the rules. (consideration: CR H12471-12472)
action_date: 2007-11-05
text: Mr. Filner moved to suspend the rules and pass the bill, as amended.
action_date: 2007-10-25
text: Forwarded by Subcommittee to Full Committee (Amended) .
action_date: 2007-10-25
text: Subcommittee Consideration and Mark-up Session Held.
action_date: 2007-06-21
text: Subcommittee Hearings Held.
action_date: 2007-03-02
text: Referred to the Subcommittee on Economic Opportunity.
action_date: 2007-01-17
text: Referred to the House Committee on Veterans' Affairs.
action_date: 2007-01-17
text: Introduced in House
action_date: 2007-01-17
text: Introduced in House