H.R. 8141
Fair Credit Reporting Reseller Accuracy Act
Sponsor: Michael Lawler · 3 cosponsors
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Official summary
Written by the Congressional Research Service.
Fair Credit Reporting Reseller Accuracy Act
This bill requires a consumer credit data reseller (a consumer reporting agency that does not maintain a credit database of its own, but assembles and merges a consumer's credit information from other agencies that it provides to a third party) to follow reasonable procedures to ensure the maximum possible accuracy of the credit information it provides.
A reseller may not be held liable under the Fair Credit Reporting Act for the information it provides if the reseller accurately communicates the information obtained from another consumer reporting agency.
Text of the bill
Where this section came from
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Mar 27, 2026 · Introduced in House Referred to House Committee on Financial Services, Mar 27
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Sep 1, 2026 · Reported in House Marked up by House Committee on Financial Services, Jun 30 Reported by House Committee on Financial Services, Sep 1 Committee members' individual votes aren't in our records.
… 2 unchanged passages …
(f)
Resellers
Transmission of information by resellers
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A markup is a committee meeting where members go through a bill and vote on changes before sending it to the full chamber.
Section 607 of the Fair Credit Reporting Act (15 U.S.C. 1681e) is amended by adding at the end the following:
(f) Transmission of information by 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.