US SB535 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on February 14 2019 - 25% progression, died in committee
Action: 2019-02-14 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Generally restricts the inclusion of certain negative credit information on credit reports upon notification that an individual was affected by a federal government shutdown. Specifically, the bill prohibits (1) an individual from reporting such negative credit information to a consumer reporting agency and (2) the inclusion of such negative credit information on a credit report. The Consumer Financial Protection Bureau must maintain a database of affected federal employees and contractors and make the database accessible to consumer reporting agencies. Subsequently, consumer reporting agencies must delete all negative credit information from the relevant time period regarding affected federal employees and contractors. Consumer reporting agencies must also make additional free credit reports available to an affected individual upon request.

Tracking Information

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Title

Protect Federal Workers' Credit Act

Sponsors


History

DateChamberAction
2019-02-14SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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