US SB1234 | 2015-2016 | 114th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on May 6 2015 - 25% progression, died in committee
Action: 2015-05-06 - 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

FIX Act FIX Credit Reporting Errors Act Amends the Fair Credit Reporting Act with respect to the procedures followed by consumer reporting agencies when a consumer disputes the completeness or accuracy of information contained in the consumer's credit report. Requires consumer reporting agencies to: (1) expand the dispute notification furnished to any person who provided disputed information to include all documentation provided by the consumer, and (2) consider such consumer documentation when conducting reinvestigations of disputed information. Directs a consumer reporting agency that operates as reseller, if it receives notice from a consumer of a dispute concerning a report that the reseller produced but the reseller determines that the information is not incomplete or inaccurate as a result of an act or omission of the reseller, to convey the notice of the dispute, together with all relevant information and documentation provided by the consumer, to each consumer reporting agency that provided the reseller with the information that is the subject of the dispute.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

FIX Act FIX Credit Reporting Errors Act

Sponsors


History

DateChamberAction
2015-05-06SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

feedback