The Credit Access and Inclusion Act of 2017

Bill: 115-hr-435
Sponsor: full_name: Rep. Ellison, Keith [D-MN-5]
Introduced: 2017-01-11
Policy area: Finance and Financial Sector
Subjects: Consumer credit

Debt collection

Low- and moderate-income housing

Public utilities and utility rates
Latest action: action_date: 2018-06-26
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2017-01-11
action_desc: Introduced in House
text: <p><strong>Credit Access and Inclusion Act of 2017</strong></p> <p>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&nbsp;a consumer's performance&nbsp;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.</p> <p>Specified provisions of the Consumer Credit Protection Act&nbsp;that&nbsp;establish&nbsp;civil liability&nbsp;with respect to&nbsp;furnishers of information to consumer reporting agencies shall not apply to any violation of the bill.</p>

action_date: 2018-02-16
action_desc: Reported to House with amendment(s)
text: <p><strong>Credit Access and Inclusion Act of 2017</strong></p> <p>(Sec. 2) 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&nbsp;a consumer's performance&nbsp;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.</p> <p>Specified provisions of the Consumer Credit Protection Act&nbsp;that&nbsp;establish&nbsp;civil liability&nbsp;with respect to&nbsp;furnishers of information to consumer reporting agencies shall not apply to any violation of the bill.</p> <p>The Government Accountability Office must report on the consumer impact of such reporting.</p>

action_date: 2018-06-25
action_desc: Passed House amended
text: <p><strong>Credit Access and Inclusion Act of 2017</strong></p> <p>(Sec. 2) 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&nbsp;a consumer's performance&nbsp;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.</p> <p>Specified provisions of the Consumer Credit Protection Act&nbsp;that&nbsp;establish&nbsp;civil liability&nbsp;with respect to&nbsp;furnishers of information to consumer reporting agencies shall not apply to any violation of the bill.</p> <p>The Government Accountability Office must report on the consumer impact of such reporting.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 435 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.

1. Short title This Act may be cited as the The Credit Access and Inclusion Act of 2017 . 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 .

tv_txt: IB Union Calendar No. 429 115th CONGRESS 2d Session H. R. 435 [Report No. 115–568] 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 February 16, 2018 Additional sponsors: Mr. Crist , Mr. Cohen , Mr. Gonzalez of Texas , Mr. Tipton , Mr. Barr , Mr. Ross , Mr. Raskin , Mr. McNerney , Ms. Norton , Mr. Royce of California , Ms. Blunt Rochester , Ms. Eddie Bernice Johnson of Texas , Mr. Cicilline , Mrs. Watson Coleman , Mr. Bishop of Georgia , and Mr. Messer February 16, 2018 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed Insert the part printed in italic 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.

1. Short title This Act may be cited as the The Credit Access and Inclusion Act of 2017 . 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 . (c) GAO study and report Not later than 2 years after the date of the enactment of this Act, the Comptroller General of the United States shall submit to Congress a report on the impact of furnishing information pursuant to subsection (f) of section 623 of the Fair Credit Reporting Act ( 15 U.S.C. 1681s–2 ) (as added by this Act) on consumers.

February 16, 2018 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed

tv_txt: IB 115th CONGRESS 2d Session H. R. 435 IN THE HOUSE OF REPRESENTATIVES AN ACT 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.

1. Short title This Act may be cited as the The Credit Access and Inclusion Act of 2017 . 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 . (c) GAO study and report Not later than 2 years after the date of the enactment of this Act, the Comptroller General of the United States shall submit to Congress a report on the impact of furnishing information pursuant to subsection (f) of section 623 of the Fair Credit Reporting Act ( 15 U.S.C. 1681s–2 ) (as added by this Act) on consumers.

Passed the House of Representatives June 25, 2018. Karen L. Haas, Clerk.

tv_txt: IIB 115th CONGRESS 2d Session H. R. 435 IN THE SENATE OF THE UNITED STATES June 26, 2018 Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs AN ACT 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.

1. Short title This Act may be cited as the The Credit Access and Inclusion Act of 2017 . 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 . (c) GAO study and report Not later than 2 years after the date of the enactment of this Act, the Comptroller General of the United States shall submit to Congress a report on the impact of furnishing information pursuant to subsection (f) of section 623 of the Fair Credit Reporting Act ( 15 U.S.C. 1681s–2 ) (as added by this Act) on consumers.

Passed the House of Representatives June 25, 2018. Karen L. Haas, Clerk