H.R. 3621 - 116th Congress (2019-2020) - Comprehensive CREDIT Act of 2020

This bill prohibits a consumer reporting agency from furnishing a consumer report containing any adverse item of information relating to a delinquent or defaulted private education loan of a borrower who has a specified demonstrated history of loan repayment.

Text (4)

Received in Senate

January 30, 2020

Engrossed in House

January 29, 2020

Reported in House

December 9, 2019

Introduced in House

July 5, 2019

Amendments (14)

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 766

An amendment numbered 14 printed in Part B of House Report 116-383 to add the term "homelessness" (as defined by the Secretary of Housing and Urban Development) as an unusual extenuating life circumstance or event that results in severe financial or personal barriers and demonstrates undue hardship.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 765

Amendment reaffirms Congressional efforts to enhance cybersecurity and implement routine security updates of databases maintained by nationwide consumer reporting agencies that contain sensitive consumer data as critical to the national security of the United States. Additionally, consumer reporting agencies will meet minimum training and ongoing certification requirements as established by the Director of The Bureau of Consumer Financial Protection, and the amendment includes a budgetary offset.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 764

An amendment numbered 12 printed in Part B of House Report 116-383 to prohibit the inclusion of arrest records on a consumer report if the consumer was not convicted for the arrest.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 763

An amendment numbered 11 printed in Part B of House Report 116-383 to clarify that credit reports cannot be used solely as the reason for denial of employment.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 762

An amendment numbered 10 printed in Part B of House Report 116-383 to create a time period for their credit report to change after making the consecutive payments.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 761

An amendment numbered 9 printed in Part B of House Report 116-383 to allow for extended active duty uniformed consumers, including members of the National Guard, to dispute an adverse action or inaction on their credit report that occurred while they were in a combat zone or aboard a U.S. vessel. Also, if a credit reporting agency has knowledge that the consumer was an extended active duty uniformed consumer at the time such action or inaction occurred, the credit reporting agency would have to promptly notify the consumer and inform them how to dispute the adverse information, and includes a budgetary offset.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 760

An amendment numbered 8 printed in Part B of House Report 116-383 to amend the date for relief on major disaster and emergency declarations to begin on the initial date of the incident period of the major disaster or emergency.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 759

An amendment numbered 7 printed in Part B of House Report 116-383 to expand those impacted by major disasters and emergencies to include those working in the areas. Also, extends the grace period for individuals affected by a major disaster or emergency to up to 6 months.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 758

An amendment numbered 6 printed in Part B of House Report 116-383 to stipulate that if a credit scoring agency changes their model s uch that it may negatively impact the credit scores for a group of consumers, then the Consumer Financial Protection Bureau has the option to review the new model and prohibit the change if they find the change is inappropriate.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 757

An amendment numbered 5 printed in Part B of House Report 116-383 to clarify that a persons credit report may be used if the rep ort is obtained in connection with a background check or related investigation of financial information that is required by a federal, state, or local law or regulation.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 756

Amendment clarifies the Federal law for reporting certain positive consumer credit information to Credit Reporting Agecies (CRA), and seeks to expand access to credit through use of alternative data.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 755

An amendment numbered 3 printed in Part B of House Report 116-383 to require GAO to carry out a study of the compliance by consumer reporting agencies that compile and maintain files on consumers and the impact such compliance has on consumers.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 754

An amendment numbered 2 printed in Part B of House Report 116-383 to require the GAO to study how credit scores adversely impacted by a student borrowers defaulted or delinquent private education loan further impacts applying for future loans, including information on treatment of different demographic populations.

Agreed To

Jan 29, 2020

Agreed to in House

Sponsorship

House Amendment 753

An amendment numbered 1 printed in Part B of House Report 116-383 to require the GAO to study how credit scores are used in rental housing and mortgage determinations, including information on treatment of different demographic populations.

Agreed To

Actions (45)

Show Only Major Actions

01/30/2020

Received in the Senate.

01/29/2020

Motion to reconsider laid on the table Agreed to without objection.

01/29/2020

On passage Passed by the Yeas and Nays: 221 - 189 (Roll no. 31).

01/29/2020

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 221 - 189 (Roll no. 31).

01/29/2020

On motion to recommit with instructions Failed by the Yeas and Nays: 201 - 208 (Roll no. 30).

01/29/2020

The previous question on the motion to recommit with instructions was ordered without objection.

01/29/2020

DEBATE - The House proceeded with 10 minutes of debate on the Hill (AR) motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to add a subsection at the end of Title V entitled "Limitation with Respect to Protected Expressions".

01/29/2020

Mr. Hill (AR) moved to recommit with instructions to the Committee on Financial Services. (text: CR H698-699)

01/29/2020

The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.

01/29/2020

The previous question was ordered pursuant to the rule.

01/29/2020

The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3621.

01/29/2020

The House resolved into Committee of the Whole House on the state of the Union for further consideration.

01/29/2020

Considered as unfinished business. (consideration: CR H697-701)

01/29/2020

Committee of the Whole House on the state of the Union rises leaving H.R. 3621 as unfinished business.

01/29/2020

On motion that the Committee rise Agreed to by voice vote.

01/29/2020

Mr. Lawson (FL) moved that the Committee rise.

01/29/2020

DEBATE - Pursuant to the provisions of H. Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Panetta amendment No. 14.

01/29/2020

POSTPONED PROCEEDINGS - At the conclusion of debate on the Brown (MD) amendment, the Chair put the question on agreeing to the amendment, and by voice vote announced that the ayes had prevailed. Mr. Brown (MD) demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.

01/29/2020

DEBATE - Pursuant to the provisions of H. Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Brown (MD) amendment No. 13.

01/29/2020

DEBATE - Pursuant to the provisions of H. Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Takano amendment No. 12.

01/29/2020

DEBATE - Pursuant to the provisions of H. Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Cohen amendment No. 11.

01/29/2020

DEBATE - Pursuant to the provisions of H. Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Cohen amendment No. 10.

01/29/2020

DEBATE - Pursuant to the provisions of H. Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Sanchez amendment No. 9.

01/29/2020

DEBATE - Pursuant to the provisions of H. Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the King (IA) amendment No. 8.

01/29/2020

DEBATE - Pursuant to the provisions of H. Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Kildee amendment No. 7.

01/29/2020

DEBATE - Pursuant to the provisions of H.Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Gottheimer amendment No. 6.

01/29/2020

DEBATE - Pursuant to the provisions of H.Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Steil amendment No. 5.

01/29/2020

POSTPONED PROCEEDINGS - At the conclusion of debate on the Clay amendment, the Chair put the question on adoption of the amendment, and by voice vote announced that the ayes had prevailed. Mr. Clay demanded a recorded vote and the Chair postponed further proceedings until a time to be announced.

01/29/2020

DEBATE - Pursuant to the provisions of H.Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Clay amendment No. 4.

01/29/2020

DEBATE - Pursuant to the provisions of H.Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Timmons amendment No. 3.

01/29/2020

DEBATE - Pursuant to the provisions of H.Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the Shalala amendment No. 2.

01/29/2020

DEBATE - Pursuant to the provisions of H.Res. 811, the Committee of the Whole proceeded with 10 minutes of debate on the DeSaulnier amendment No. 1.

01/29/2020

GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3621.

01/29/2020

The Speaker designated the Honorable Gregorio Kilili Camacho Sablan to act as Chairman of the Committee.

01/29/2020

House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 811 and Rule XVIII.

01/29/2020

Rule provides for consideration of H.R. 3621. The resolution makes in order a motion that the House concur in the Senate amendment with amendments to H.R. 550. The resolution provides for H.R. 3621 under a structured rule.

01/29/2020

Considered under the provisions of rule H. Res. 811. (consideration: CR H653-697; text: CR H661-681)

01/28/2020

Rule H. Res. 811 passed House.

01/27/2020

Rules Committee Resolution H. Res. 811 Reported to House. Rule provides for consideration of H.R. 3621. The resolution makes in order a motion that the House concur in the Senate amendment with amendments to H.R. 550. The resolution provides for H.R. 3621 under a structured rule.

12/09/2019

Placed on the Union Calendar, Calendar No. 266.

12/09/2019

Reported (Amended) by the Committee on Financial Services. H. Rept. 116-331.

07/16/2019

Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.

07/16/2019

Committee Consideration and Mark-up Session Held.

07/05/2019

Referred to the House Committee on Financial Services.

07/05/2019

Introduced in House

Public Record

Record Updated

Nov 1, 2022 1:50:46 PM