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Disaster Protection for Workers’ Credit Act of 2020

USA116th CongressS-3508| Senate 
| Updated: 3/17/2020
Brian Schatz

Brian Schatz

Democratic Senator

Hawaii

Cosponsors (2)
Doug Jones (Democratic)Sherrod Brown (Democratic)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Disaster Protection for Workers' Credit Act of 2020 This bill generally provides credit protections to consumers during the COVID-19 (i.e., coronavirus disease 2019) outbreak and other major disasters. The bill prohibits furnishers of credit information from reporting adverse credit information that is the result of any inaction or action that occurred during the COVID-19 outbreak. It also prohibits any such reporting regarding a consumer who resides in an area covered by a major disaster declaration. Credit reporting agencies are prohibited from including in a credit report any such adverse credit information. The Consumer Financial Protection Bureau must create a website that allows consumers to report economic hardship as a result of the COVID-19 outbreak or a major disaster. Consumers may request the deletion of adverse credit information and request an extension of certain credit protections. Credit reporting agencies must provide unlimited free credit reports and free credit scores upon request (1) during the COVID-19 outbreak or a major disaster, and (2) for a year afterwards.
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Timeline
Mar 17, 2020
Introduced in Senate
Mar 17, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 23, 2020

Latest Companion Bill Action

HR 116-6370
Introduced in House
  • March 17, 2020
    Introduced in Senate


  • March 17, 2020
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • March 23, 2020

    Latest Companion Bill Action

    HR 116-6370
    Introduced in House

Finance and Financial Sector

Related Bills

  • HR 116-6379: Workforce Emergency Response Act of 2020
  • HR 116-6800: The Heroes Act
  • HR 116-6370: Disaster Protection for Workers’ Credit Act
  • HR 116-6321: Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act
Cardiovascular and respiratory healthConsumer creditDisaster relief and insuranceEconomic performance and conditionsEmergency medical services and trauma careGovernment information and archivesInfectious and parasitic diseases

Disaster Protection for Workers’ Credit Act of 2020

USA116th CongressS-3508| Senate 
| Updated: 3/17/2020
Disaster Protection for Workers' Credit Act of 2020 This bill generally provides credit protections to consumers during the COVID-19 (i.e., coronavirus disease 2019) outbreak and other major disasters. The bill prohibits furnishers of credit information from reporting adverse credit information that is the result of any inaction or action that occurred during the COVID-19 outbreak. It also prohibits any such reporting regarding a consumer who resides in an area covered by a major disaster declaration. Credit reporting agencies are prohibited from including in a credit report any such adverse credit information. The Consumer Financial Protection Bureau must create a website that allows consumers to report economic hardship as a result of the COVID-19 outbreak or a major disaster. Consumers may request the deletion of adverse credit information and request an extension of certain credit protections. Credit reporting agencies must provide unlimited free credit reports and free credit scores upon request (1) during the COVID-19 outbreak or a major disaster, and (2) for a year afterwards.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 17, 2020
Introduced in Senate
Mar 17, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 23, 2020

Latest Companion Bill Action

HR 116-6370
Introduced in House
  • March 17, 2020
    Introduced in Senate


  • March 17, 2020
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • March 23, 2020

    Latest Companion Bill Action

    HR 116-6370
    Introduced in House
Brian Schatz

Brian Schatz

Democratic Senator

Hawaii

Cosponsors (2)
Doug Jones (Democratic)Sherrod Brown (Democratic)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 116-6379: Workforce Emergency Response Act of 2020
  • HR 116-6800: The Heroes Act
  • HR 116-6370: Disaster Protection for Workers’ Credit Act
  • HR 116-6321: Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Cardiovascular and respiratory healthConsumer creditDisaster relief and insuranceEconomic performance and conditionsEmergency medical services and trauma careGovernment information and archivesInfectious and parasitic diseases