What does Preamble of Fair Credit Reporting Reseller Accuracy Act do?

This bill proposes to amend the Fair Credit Reporting Act. The proposed amendment requires resellers of information contained in consumer reports to implement reasonable procedures. These procedures are intended to ensure maximum possible accuracy of the information before transmission.

What does SHORT TITLE. of Fair Credit Reporting Reseller Accuracy Act do?

This bill is formally titled the Fair Credit Reporting Reseller Accuracy Act

What does ACCURACY OF INFORMATION TRANSMITTED BY RESELLERS. of Fair Credit Reporting Reseller Accuracy Act do?

This section amends Section 607 of the Fair Credit Reporting Act. Resellers are required to follow reasonable procedures to ensure the maximum possible accuracy of information concerning individuals before transmitting it. Resellers are not liable under the title if they accurately communicate information received from another consumer reporting agency. The term 'reseller' is defined within this subsection using the meaning provided in section 603.

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Fair Credit Reporting Reseller Accuracy Act

Last updated: 3/27/2026 · Introduced: 3/27/2026

Author: Michael Lawler (R-NY)

TL;DR (AI)

This bill amends the Fair Credit Reporting Act to require resellers of consumer information to implement reasonable procedures to maximize accuracy.
Resellers are obligated to ensure the accuracy of information before transmitting it to other agencies.
Resellers are protected from liability if they accurately communicate information received from another consumer reporting agency.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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