Federal

To amend the Fair Credit Reporting Act to exclude information relating to certain evictions from consumer reports, and for other purposes.

Source: Congress.gov · 383 words in original text

What This Bill Does

This bill changes the Fair Credit Reporting Act (a federal law governing credit reports) to prevent certain evictions from appearing on consumer reports (credit history documents used by lenders and landlords to evaluate people). The bill specifically targets evictions related to a time period during the COVID-19 pandemic.

Who It Affects

People who were evicted during a specific time period and their consumer reports. Credit reporting agencies that maintain consumer reports. Landlords and property owners.

Key Provisions

* Information about "covered evictions" cannot appear on consumer reports if notice was given between March 13, 2020 and 30 days after the President ended the national emergency for COVID-19 (Sec. 1(a)). * "Covered eviction" means any action by a landlord, property owner or authorized person to remove a tenant or renter from residential housing, but does not include home foreclosures (Sec. 1(a)). * This law applies to all consumer reports issued on or after the date the bill becomes law (Sec. 1(b)).

What Changes

If passed, certain evictions will be removed from or prevented from appearing on consumer reports. The specific time period is March 13, 2020 through 30 days after the President declares an end to the COVID-19 national emergency.

Important Definitions

"Covered eviction" means action by a landlord or property owner to remove a tenant or renter from a residential property. This does not include home foreclosures (taking back a home due to unpaid mortgage).

Effective Date

The law applies to consumer reports issued on or after the date of enactment (when the bill becomes law).

I 118TH CONGRESS 1ST SESSION H. R. 408 To amend the Fair Credit Reporting Act to exclude information relating to certain evictions from consumer reports, and for other purposes. IN THE HOUSE OF REPRESENTATIVES JANUARY 20, 2023 Mr. COHEN introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Fair Credit Reporting Act to exclude informa- tion relating to certain evictions from consumer reports, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. EXCLUSION OF INFORMATION RELATING TO 3 CERTAIN EVICTIONS FROM CONSUMER RE- 4 PORTS. 5 (a) IN GENERAL.—Section 605(a) of the Fair Credit 6 Reporting Act (15 U.S.C. 1681c(a)) is amended by adding 7 at the end the following: 8 ‘‘(9)(A) Any information related to a covered 9 eviction (including information related to a debt col- 10 VerDate Sep 11 2014 03:15 Jan 31, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H408.IH H408 kjohnson on DSK79L0C42PROD with BILLS 2 •HR 408 IH lection for a covered eviction) for which notice was 1 given during the period beginning March 13, 2020, 2 and ending on the date that is 30 days after the ter- 3 mination date of the national emergency concerning 4 the novel coronavirus disease (COVID–19) outbreak 5 declared by the President on March 13, 2020, under 6 the National Emergencies Act (50 U.S.C. 1601 et 7 seq.). 8 ‘‘(B) In this paragraph, the term ‘covered evic- 9 tion’ means any action by a landlord, owner of a res- 10 idential property, or other person legally authorized 11 to remove or cause the removal of a tenant or lessee 12 from a residential property and does not include 13 foreclosure on a home mortgage.’’. 14 (b) APPLICABILITY.—This Act and the amendments 15 made by this Act shall apply to any consumer report (as 16 defined in section 603 of the Fair Credit Reporting Act 17 (15 U.S.C. 1681a)) issued on or after the date of the en- 18 actment of this Act. 19 Æ VerDate Sep 11 2014 03:15 Jan 31, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H408.IH H408 kjohnson on DSK79L0C42PROD with BILLS

Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.