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Bill116th CongressFiled Jul 5, 2019Finance and Financial Sector
H.R. 3622

Restoring Unfairly Impaired Credit and Protecting Consumers Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house (Dec 23, 2019)

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 just happenedDec 23, 2019

Placed on the Union Calendar, Calendar No. 287.

Who’s behind it

Rep. Tlaib, Rashida [D-MI-13](D-MI)Sponsor
Read on Congress.gov
1committees8actions1related bills16subjects
  1. Dec 23, 2019CalendarsH12410

    Placed on the Union Calendar, Calendar No. 287.

  2. Dec 23, 2019CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-362.

    Financial Services Committee
  3. Dec 23, 2019Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-362.

    Financial Services Committee
  4. Jul 11, 2019Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 26.

    Financial Services Committee
  5. Jul 11, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Jul 5, 2019IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  7. Jul 5, 2019IntroReferralIntro-H

    Introduced in House

  8. Jul 5, 2019IntroReferral1000

    Introduced in House

Reported to HouseDec 23, 20197

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.

Introduced in HouseJul 5, 2019

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.

Restoring Unfairly Impaired Credit and Protecting Consumers Act — Informed