Q: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Military Families Credit Reporting
Act of 2017''.

SEC. 2. NOTICE OF STATUS AS AN ACTIVE DUTY MILITARY CONSUMER.

The Fair Credit Reporting Act (15 U.S.C. 1681 et seq.) is amended--
(1) in section 605 (15 U.S.C. 1681c), by adding at the end
the following:
''(i) Notice of Status as an Active Duty Military Consumer.--
''(1) In general.--With respect to an item of adverse
information about a consumer that arises from the failure of
the consumer to make any required payment on a debt or other
obligation, if the action or inaction that gave rise to the
item occurred while the consumer was an active duty military
consumer--
''(A) the consumer may provide appropriate proof,
including official orders, to a consumer reporting
agency that the consumer was an active duty military
consumer at the time the action or inaction occurred;
and
''(B) any consumer report provided by the consumer
reporting agency that includes the item shall clearly
and conspicuously disclose that the consumer was an
active duty military consumer when the action or
inaction that gave rise to the item occurred.
''(2) Model form.--The Bureau shall prepare a model form,
which shall be made publicly available, including in an
electronic format, by which a consumer may--
''(A) notify, and provide appropriate proof to, a
consumer reporting agency in a simple and easy manner,
including electronically, that the consumer is or was
an active duty military consumer; and
''(B) provide contact information of the consumer
for the purpose of communicating with the consumer
while the consumer is an active duty military consumer.
''(3) No adverse consequences.--Notice, whether provided by
the model form described in paragraph (2) or otherwise, that a
consumer is or was an active duty military consumer may not
provide the sole basis for--
''(A) with respect to a credit transaction between
the consumer and a creditor, a creditor--
''(i) denying an application of credit
submitted by the consumer;
''(ii) revoking an offer of credit made to
the consumer by the creditor;
''(iii) changing the terms of an existing
credit arrangement with the consumer; or
''(iv) refusing to grant credit to the
consumer in a substantially similar amount or
on substantially similar terms requested by the
consumer;
''(B) furnishing negative information relating to
the creditworthiness of the consumer by or to a
consumer reporting agency; or
''(C) except as otherwise provided in this title, a
creditor or consumer reporting agency noting in the
file of the consumer that the consumer is or was an
active duty military consumer.'';
(2) in section 605A (15 U.S.C. 1681c-1)--
(A) in subsection (c)--
(i) by redesignating paragraphs (1), (2),
and (3) as subparagraphs (A), (B), and (C),
respectively, and adjusting the margins
accordingly;
(ii) in the matter preceding subparagraph
(A), as so redesignated, by striking ''Upon''
and inserting the following:
''(1) In general.--Upon''; and
(iii) by adding at the end the following:
''(2) Negative information notification.--If a consumer
reporting agency receives an item of adverse information about
a consumer who has provided appropriate proof that the consumer
is an active duty military consumer, the consumer reporting
agency shall promptly notify the consumer, with a frequency, in
a manner, and according to a timeline determined by the Bureau
or specified by the consumer--
''(A) that the consumer reporting agency has
received the item of adverse information, along with a
description of the item; and
''(B) the method by which the consumer may dispute
the validity of the item.
''(3) Contact information for active duty military
consumers.--
''(A) In general.--If a consumer who has provided
appropriate proof to a consumer reporting agency that
the consumer is an active duty military consumer
provides the consumer reporting agency with contact
information for the purpose of communicating with the
consumer while the consumer is an active duty military
consumer, the consumer reporting agency shall use that
contact information for all communications with the
consumer while the consumer is an active duty military
consumer.
''(B) Direct request.--Unless a consumer directs
otherwise, the provision of contact information by the
consumer under subparagraph (A) shall be deemed to be a
request for the consumer to receive an active duty
alert under paragraph (1).
''(4) Sense of congress.--It is the sense of Congress that
any person making use of a consumer report that contains an
item of adverse information with respect to a consumer should,
if the action or inaction that gave rise to the item occurred
while the consumer was an active duty military consumer, take
that fact into account when evaluating the creditworthiness of
the consumer.''; and
(B) in subsection (e), by striking paragraph (3)
and inserting the following:
''(3) subparagraphs (A) and (B) of subsection (c)(1), in
the case of a referral under subsection (c)(1)(C).''; and
(3) in section 611(a)(1) (15 U.S.C. 1681i(a)(1)), by adding
at the end the following:
''(D) Notice of dispute related to active duty
military consumers.--With respect to an item of
information described under subparagraph (A) that is
under dispute, if the consumer to whom the item relates
has notified the consumer reporting agency conducting
the investigation described in that subparagraph, and
has provided appropriate proof, that the consumer was
an active duty military consumer at the time the action
or inaction that gave rise to the disputed item
occurred, the consumer reporting agency shall--
''(i) include that fact in the file of the
consumer; and
''(ii) indicate that fact in each consumer
report that includes the disputed item.''.
A:
Military Families Credit Reporting Act of 2017 This bill amends the Fair Credit Reporting Act to: (1) allow a consumer to provide proof to a consumer reporting agency that an adverse credit report item occurred while on active duty, and (2) require a consumer reporting agency to provide an active duty military consumer's relevant active duty status on adverse credit report items. The Consumer Financial Protection Bureau is required to publish a model form that allows a consumer to: (1) notify a consumer reporting agency that the consumer is an active duty military consumer, and (2) provide contact information for communicating with the consumer while on active duty. Notice of active duty status may not be the basis for an adverse credit action. A consumer reporting agency must notify an active duty military consumer of negative information received about that consumer.