Protecting Your Credit Score Act of 2020
Latest action. Received in the Senate.
Protecting Your Credit Score Act of 2020
This bill revises provisions related to consumer credit reports and credit reporting agencies.
(Sec. 2) Credit reporting agencies are directed to create a central online portal that allows consumers to (1) access free credit reports and credit scores, (2) dispute errors, and (3) place or lift security freezes.
(Sec. 3) Credit reporting agencies must verify specified identifying information when adding credit information to a consumer's file. Credit reporting agencies must also perform periodic audits of credit reports to ensure accuracy.
(Sec. 4) A credit reporting ombudsperson, whose responsibilities include resolving persistent errors by credit reporting agencies, is established at the Consumer Financial Protection Bureau (CFPB).
Credit reporting agencies must provide a consumer with additional information after an agency's reinvestigation of disputed credit information.
(Sec. 5) A court may award injunctive relief to compel a credit reporting agency to comply with credit report protections.
(Sec. 6) Consumers will receive a free credit score upon request and upon certain adverse credit decisions.
Credit reporting agencies must provide available information to consumers regarding the purpose behind the procurement of a credit report.
(Sec. 7) The bill establishes a public registry for credit reporting agencies.
(Sec. 8) The bill also provides the CFPB with statutory authority for supervising credit reporting agencies.
(Sec. 9) The bill gives the CFPB the authority to establish data security requirements for credit reporting agencies.
(Sec. 10) The CFPB must report on the effectiveness of specified audits in addressing data security risks at credit reporting agencies.
(Sec. 11) The Government Accountability Office must report on the feasibility of credit reporting agencies replacing Social Security numbers as identifiers with another type of federal identification.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Passed House" stage on June 29, 2020. It describes the bill, it is not the legal text.
Received in the Senate.
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The record's latest action, on June 30, 2020: Received in the Senate.
How likely is it to become law?
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In the 116th Congress (2019-20), 344 of the 14,345 bills and joint resolutions introduced became law, about 2.4 percent. That count covers every measure at every stage, including the many that never left committee.
This one has no outstanding steps listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
Josh Gottheimer (D-NJ) introduced it on December 6, 2019, and 1 member has since signed on as a cosponsor.
They are 1 Republican.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on December 6, 2019, 2470 days ago. The most recent recorded action was 2263 days ago, on June 30, 2020.
Measures do not carry over. Anything the 116th Congress has not finished by January 3, 2021 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseReceived in the Senate.
- SenateNot stated in the latest action
- PresidentNot stated in the latest action