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I
118TH CONGRESS
1ST SESSION H. R. 2656
To amend the Fair Credit Reporting Act to prohibit the creation and sale
of trigger leads, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
APRIL 17, 2023
Mr. TORRES of New York introduced the following bill; which was referred
to the Committee on Financial Services
A BILL
To amend the Fair Credit Reporting Act to prohibit the
creation and sale of trigger leads, and for other purposes.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘Trigger Leads Abate-
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ment Act of 2023’’.
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SEC. 2. TRIGGER LEAD PROHIBITION.
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Section 604(c) of the Fair Credit Reporting Act (15
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U.S.C. 1681b(c)) is amended by adding at the end the
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following:
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•HR 2656 IH
‘‘(4) PROHIBITION
ON
TRIGGER
LEADS
FOR
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RESIDENTIAL MORTGAGE LOANS.—Notwithstanding
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paragraph (1), no consumer reporting agency may
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furnish a consumer report in connection with a cred-
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it transaction that is not initiated by a consumer, if
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the report is being procured based in whole or in
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part on the presence of an inquiry made in connec-
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tion with a residential mortgage loan (as defined
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under section 103 of the Truth in Lending Act (15
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U.S.C. 1602)).’’.
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