summary
Introduced
09/13/2019
09/13/2019
In Committee
09/20/2019
09/20/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
Protecting Innocent Consumers Affected by a Shutdown Act This bill prohibits credit reporting agencies from including on a credit report certain adverse information regarding certain employees affected by a government shutdown. It also provides for a database of consumers affected by a government shutdown and prohibits a report user from taking adverse action against an employee on the basis of information in a report or in the database.
AI Summary
This bill, the Protecting Innocent Consumers Affected by a Shutdown Act, aims to protect certain employees affected by a government shutdown from having adverse information included on their credit reports. It defines "employee affected by a shutdown" as a federal government, District of Columbia, or federal contractor employee who experiences a substantial pay reduction due to the shutdown. The bill requires credit reporting agencies to establish a database of these affected employees and prohibits users of consumer reports from taking adverse actions against them based on information related to the shutdown period. The bill also requires the Consumer Financial Protection Bureau to issue regulations or guidance to implement these provisions.
Committee Categories
Business and Industry
Sponsors (5)
Last Action
Placed on the Union Calendar, Calendar No. 520. (on 12/08/2020)
Official Document
bill text
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bill summary
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bill summary
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