March 27, 2026
Mr. Lawler (for himself and Mr. Gottheimer) introduced the following bill; which was referred to the Committee on Financial Services
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.
Section 1. Short title
This Act may be cited as the Fair Credit Reporting Reseller Accuracy Act
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Sec. 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.