S.Amdt. 1064
What it does: Adds SEC. 503. DISCLOSURE OF CREDIT SCORES at the end of title V
Sen. Mark Udall (D-CO)What it changes
1 change to H.R. 627
Adds SEC. 503. DISCLOSURE OF CREDIT SCORES at the end of title V
Adds a sectionInserted: SEC. 503. DISCLOSURE OF CREDIT SCORES.
Inserted: Section 612(a)(1) of the Fair Credit Reporting Act (15 U.S.C. 1681j(a)(1)) is amended by adding at the end the following:
Inserted: "(D) Inclusion of credit scores.--Each consumer reporting agency described in subparagraph (A) that develops or uses a credit score with respect to any consumer shall include the information described in section 609(f) with the disclosures required by subparagraph (A) of this paragraph, free of charge.".
Original wording
At the end of title V, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 1064. Mr. UDALL of Colorado submitted an amendment intended to be proposed to the bill H.R. 627, to amend the Truth in Lending Act to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan, and for other purposes; which was ordered to lie on the table; as follows:
At the end of title V, add the following:
SEC. 503. DISCLOSURE OF CREDIT SCORES.
Section 612(a)(1) of the Fair Credit Reporting Act (15 U.S.C. 1681j(a)(1)) is amended by adding at the end the following:
“(D) Inclusion of credit scores.--Each consumer reporting agency described in subparagraph (A) that develops or uses a credit score with respect to any consumer shall include the information described in section 609(f) with the disclosures required by subparagraph (A) of this paragraph, free of charge.”.
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Senate amendment submitted
May 12, 2009