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Restoring Unfairly Impaired Credit and Protecting Consumers Act

Introduced: July 5, 2019 Introduced by: Tlaib, Rashida Democratic · Michigan See on congress.gov
 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 23, 2019
Placed on the Union Calendar, Calendar No. 287.
Dec 23, 2019
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-362.
Jul 11, 2019
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 26.
Jul 11, 2019
Committee Consideration and Mark-up Session Held.
Jul 5, 2019
Referred to the House Committee on Financial Services.
Jul 5, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Restoring Unfairly Impaired Credit and Protecting Consumers Act

This bill revises requirements regarding consumer credit information included by a consumer reporting agency on a credit report, including by

  • requiring removal of adverse information that resulted from specified fraudulent lending activity,
  • shortening the time period adverse information stays on reports, and
  • limiting the inclusion of certain medical debt on reports.

The bill also requires a consumer reporting agency to provide free credit monitoring and identity theft protection services to certain consumers, including victims of fraud, active duty military, and those 65 years of age and older.

What's happening now December 23, 2019

Placed on the Union Calendar, Calendar No. 287.

 Committees of jurisdiction 1