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HR.8141 · 119TH CONGRESS

Fair Credit Reporting Reseller Accuracy Act

Status
Reported
Latest Action
2026-09-01
Sponsor
Lawler, Michael (R-New York)
Official Source
Investability
0/100
Stage
REPORTED
Related Bills
0
Full Text
1,608 chars
Alive
Yes

What This Bill Does · Plain English

Summary · Congress.gov
Fair Credit Reporting Reseller Accuracy Act This bill requires a consumer credit data reseller (a consumer reporting agency that does not maintain a credit database of its own, but assembles and merges a consumer's credit information from other agencies that it provides to a third party) to follow reasonable procedures to ensure the maximum possible accuracy of the credit information it provides. A reseller may not be held liable under the Fair Credit Reporting Act for the information it provides if the reseller accurately communicates the information obtained from another consumer reporting agency.

Action Timeline

2026-03-27
Referred to the House Committee on Financial Services.
2026-03-27
Introduced in House
2026-03-27
Introduced in House

Frequently Asked Questions

Did HR.8141 pass?
HR.8141 is still alive. Current stage: REPORTED. Pass likelihood: pending.
What does HR.8141 do?
Fair Credit Reporting Reseller Accuracy Act This bill requires a consumer credit data reseller (a consumer reporting agency that does not maintain a credit database of its own, but assembles and merges a consumer's credit information from other agencies that it provides to a third party) to follow reasonable procedures to ensure the maximum possible accuracy of the credit information it provides. A reseller may not be held liable under the Fair Credit Reporting Act for the information it provides if the reseller accurately communicates the information obtained from another consumer reporting a…
Who sponsored HR.8141?
HR.8141 was sponsored by Michael Lawler (R-New York).

Full Bill Text

119 HR 8141 IH: Fair Credit Reporting Reseller Accuracy Act U.S. House of Representatives 2026-03-27 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 2d Session H. R. 8141 IN THE HOUSE OF REPRESENTATIVES March 27, 2026 Mr. Lawler (for himself and Mr. Gottheimer ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Fair Credit Reporting Act to require resellers of information contained in consumer reports to follow reasonable procedures to assure maximum possible accuracy of such information before transmitting such information, and for other purposes. 1. Short title This Act may be cited as the Fair Credit Reporting Reseller Accuracy Act . 2. Accuracy of information transmitted by resellers Section 607 of the Fair Credit Reporting Act ( 15 U.S.C. 1681e ) is amended by adding at the end the following: (f) Resellers (1) In general Before a reseller transmits information contained in a consumer report to an end user or another reseller, such reseller shall follow reasonable procedures to assure maximum possible accuracy of the information concerning the individual about whom the information relates. (2) Limitation of liability No reseller may be held liable under this title if such reseller accurately communicates information obtained from another consumer reporting agency to an end user or another reseller. (3) Reseller defined In this subsection the term reseller has the meaning given the term in section 603. .
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Bill text sourced from GovInfo.gov · public domain · last updated 2026-09-14. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]