S.Amdt. 3778

SA 3778. Mr. UDALL of Colorado (for himself, Mr. Lugar, Mr. Bond, Mr.
Brown of Massachusetts, Mr. Brown of Ohio, Mrs. Hagan, Mr. Levin, Mr.
Lieberman, Mrs. McCaskill, and Mrs. Shaheen) submitted an amendment
intended to be proposed to amendment SA 3739 proposed by Mr. Reid (for
Mr. Dodd (for himself and Mrs. Lincoln)) to the bill S. 3217, to
promote the financial stability of the United States by improving
accountability and transparency in the financial system, to end ``too
big to fail'', to protect the American taxpayer by ending bailouts, to
protect consumers from abusive financial services practices, and for
other purposes; which was ordered to lie on the table; as follows:

At the end of subtitle G of title X, add the following:

SEC. 1078. REPEAL OF CREDIT SCORE DISCLOSURE FEES.

(a) Repeal of Credit Score Disclosure Fees.--Section
609(f)(8) of the Fair Credit Reporting Act (15 U.S.C.
1681g(f)(8)) is amended to read as follows:
``(8) Free annual credit score.--
``(A) In general.--Section 612(a) shall apply to each
consumer reporting agency described in subsection (p) of
section 603 in making disclosures pursuant to this
subsection.
``(B) Reasonable fees.--Other than with respect to a free
annual disclosure, as provided in subparagraph (A) and
section 612(a), a consumer reporting agency may charge a fair
and reasonable fee, as determined by the Commission, for
providing the information required under this subsection.''.
(b) Applicability of FCRA.--Section 612(a) of the Fair
Credit Reporting Act (15 U.S.C. 1681j(a)) shall apply to each
consumer reporting agency described in subsection (p) of
section 603 in making disclosures pursuant to this section.
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