Credit Access and Inclusion Act of 2018
Latest action · Jul 12, 2018 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-361.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 11, 2018
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Credit Access and Inclusion Act of 2018
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 a consumer's performance 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.
Specified provisions of the Consumer Credit Protection Act that establish civil liability with respect to furnishers of information to consumer reporting agencies shall not apply to any violation of the bill.
The Government Accountability Office must report on the consumer impact of such reporting.
Cosponsors 6
Members who signed on, in the order they did. Signatures ran from Jun 11, 2018 to Oct 4, 2018, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| I-WV | Joe Manchin III | Original | Jun 11, 2018 |
| D-MT | Jon Tester | Jun 25, 2018 | |
| D-AL | Doug Jones | Jun 27, 2018 | |
| R-SD | Mike Rounds | Jun 28, 2018 | |
| R-AR | Tom Cotton | Jul 12, 2018 | |
| I-ME | Angus S. King Jr. | Oct 4, 2018 |
Actions 3
Everything that happened, newest first.
- Jul 12, 2018Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-361.
- Jun 11, 2018Introduced in Senate
- Jun 11, 2018Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 435 | The Credit Access and Inclusion Act of 2017 | Related bill | Jun 26, 2018 |
| HR 5078 | TRID Improvement Act of 2018 | Related bill | Feb 28, 2018 |
| HR 6147 | Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019 | Related bill | Sep 7, 2018 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jun 11, 2018Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.