Fair Credit for American Hostages Act

Bill: 118-s-5543
Sponsor: full_name: Sen. Coons, Christopher A. [D-DE]
Introduced: 2024-12-16
Policy area: Finance and Financial Sector
Subjects: Consumer affairs

Consumer credit

Detention of persons

Right of privacy
Latest action: action_date: 2024-12-17
text: Held at the desk.

Summaries:
action_date: 2024-12-16
action_desc: Introduced in Senate
text: <p><strong>Fair Credit for American Hostages Act</strong></p><p>This bill prohibits a consumer reporting agency from including adverse credit information on a consumer's credit report if it occurred during a time when that consumer was held hostage or wrongfully detained abroad.</p>

action_date: 2024-12-16
action_desc: Passed Senate
text: <p><strong>Fair Credit for American Hostages Act</strong></p><p>This bill prohibits a consumer reporting agency from including adverse credit information on a consumer's credit report if it occurred during a time when that consumer was held hostage or wrongfully detained abroad.</p>

tv_txt: II 118th CONGRESS 2d Session S. 5543 IN THE SENATE OF THE UNITED STATES December 16, 2024 Mr. Coons (for himself and Mr. Tillis ) introduced the following bill; which was read twice, considered, read the third time, and passed A BILL To amend the Fair Credit Reporting Act to prohibit consumer reporting agencies from furnishing consumer reports containing adverse items of information about a consumer that resulted from that consumer being unlawfully or wrongfully detained abroad or held hostage abroad.

1. Short title This Act may be cited as the Fair Credit for American Hostages Act . 2. Adverse information about consumers unlawfully or wrongfully detained abroad or held hostage abroad (a) In general The Fair Credit Reporting Act ( 15 U.S.C. 1681 et seq. ) is amended by inserting after section 605C the following: 605D. Adverse information about consumers unlawfully or wrongfully detained abroad or held hostage abroad (a) Definitions In this section: (1) Covered consumer The term covered consumer means an individual who has been— (A) a United States national unlawfully or wrongfully detained abroad, as determined under section 302(a) of the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act ( 22 U.S.C. 1741(a) ); or (B) a United States national taken hostage abroad, as determined by the Hostage Recovery Fusion Cell established by section 304 that Act ( 22 U.S.C. 1741b ). (2) Detention or hostage documentation The term detention or hostage documentation means documentation that— (A) certifies a consumer is a covered consumer under this section; (B) identifies the time period during which the covered consumer was unlawfully or wrongfully detained abroad or held hostage abroad; and (C) is authenticated by— (i) the Special Presidential Envoy for Hostage Affairs established by section 303 of the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act ( 22 U.S.C. 1741a ); or (ii) the Hostage Recovery Fusion Cell established by section 304 of that Act ( 22 U.S.C. 1741b ). (b) Adverse information If a consumer reporting agency described in section 603(p) is able to authenticate detention or hostage documentation provided by a covered consumer, the consumer reporting agency may not furnish a consumer report containing any adverse item of information about the covered consumer dating during the time period the covered consumer was unlawfully or wrongfully detained abroad or held hostage abroad. . (b) Technical and conforming amendment The table of contents of the Fair Credit Reporting Act is amended by inserting after the item relating to section 605C the following: 605D. Adverse information about consumers unlawfully or wrongfully detained abroad or held hostage abroad. .

tv_txt: 118th CONGRESS 2d Session S. 5543 IN THE SENATE OF THE UNITED STATES AN ACT To amend the Fair Credit Reporting Act to prohibit consumer reporting agencies from furnishing consumer reports containing adverse items of information about a consumer that resulted from that consumer being unlawfully or wrongfully detained abroad or held hostage abroad.

1. Short title This Act may be cited as the Fair Credit for American Hostages Act . 2. Adverse information about consumers unlawfully or wrongfully detained abroad or held hostage abroad (a) In general The Fair Credit Reporting Act ( 15 U.S.C. 1681 et seq. ) is amended by inserting after section 605C the following: 605D. Adverse information about consumers unlawfully or wrongfully detained abroad or held hostage abroad (a) Definitions In this section: (1) Covered consumer The term covered consumer means an individual who has been— (A) a United States national unlawfully or wrongfully detained abroad, as determined under section 302(a) of the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act ( 22 U.S.C. 1741(a) ); or (B) a United States national taken hostage abroad, as determined by the Hostage Recovery Fusion Cell established by section 304 that Act ( 22 U.S.C. 1741b ). (2) Detention or hostage documentation The term detention or hostage documentation means documentation that— (A) certifies a consumer is a covered consumer under this section; (B) identifies the time period during which the covered consumer was unlawfully or wrongfully detained abroad or held hostage abroad; and (C) is authenticated by— (i) the Special Presidential Envoy for Hostage Affairs established by section 303 of the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act ( 22 U.S.C. 1741a ); or (ii) the Hostage Recovery Fusion Cell established by section 304 of that Act ( 22 U.S.C. 1741b ). (b) Adverse information If a consumer reporting agency described in section 603(p) is able to authenticate detention or hostage documentation provided by a covered consumer, the consumer reporting agency may not furnish a consumer report containing any adverse item of information about the covered consumer dating during the time period the covered consumer was unlawfully or wrongfully detained abroad or held hostage abroad. . (b) Technical and conforming amendment The table of contents of the Fair Credit Reporting Act is amended by inserting after the item relating to section 605C the following: 605D. Adverse information about consumers unlawfully or wrongfully detained abroad or held hostage abroad. .

Passed the Senate December 16, 2024. Secretary