Credit Access and Inclusion Act

Bill: 113-s-1613
Sponsor: full_name: Sen. Kirk, Mark Steven [R-IL]
Introduced: 2013-10-30
Policy area: Finance and Financial Sector
Subjects: Business records

Consumer affairs

Consumer credit

Housing finance and home ownership

Public utilities and utility rates

Telephone and wireless communication
Latest action: action_date: 2013-10-30
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2013-10-30
action_desc: Introduced in Senate
text: <p>Credit Access and Inclusion Act - Amends the Fair Credit Reporting Act, with respect to the responsibilities of furnishers of information to consumer reporting agencies, to declare that nothing in the Act or related regulations shall be construed as to prohibit a person from furnishing to a consumer reporting agency certain consumer identifying information, including: (1) a consumer's full name, telephone number, mother's maiden name, address, zip code, date of birth, any generational designation, or Social Security number; (2) information solely as to transactions or experiences between the consumer and the person furnishing the information; (3) public record information; and (4) information about the performance of a consumer making payments under a real property lease or pursuant to a utility or telecommunications service contract.</p> <p>Defines "utility or telecommunication service" as 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.</p>

tv_txt: II 113th CONGRESS 1st Session S. 1613 IN THE SENATE OF THE UNITED STATES October 30, 2013 Mr. Kirk (for himself and Mr. Manchin ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To amend the Fair Credit Reporting Act to clarify Federal law with respect to reporting full-file alternative data, including positive and negative consumer credit information to consumer reporting agencies by public utility or telecommunications companies, and for other purposes.

1. Short title This Act may be cited as the The Credit Access and Inclusion Act . 2. Full-file alternative data, including positive and negative 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) Rule of construction Nothing in this Act, or any regulation or rule established pursuant to this Act, shall be construed as to prohibit a person from furnishing the following information relating to a consumer to a consumer reporting agency: (A) Identifying information A consumer’s full name, telephone number, mother’s maiden name, address, zip code, date of birth, any generational designation, social security number, or any other similar consumer identifiers or combination thereof. (B) Transactions or experiences Information solely as to transactions or experiences between the consumer and the person furnishing the information. (C) Public information Public record information. (D) Performance of consumer The performance of a consumer making payments under a real property lease or pursuant to a contract for a utility or telecommunication service. (2) Limitations Information about a consumer’s usage of any public utility service 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 public utility or other terms of the provision of services to the consumer, including any deposit, discount, or the conditions for interruption or termination of the services. (3) Utility or telecommunication service For purposes of this subsection, the term utility or telecommunication service 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). .