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Fair Credit Reporting Reseller Accuracy Act

USA119th CongressHR-8141| House 
| Updated: 3/27/2026
Michael Lawler

Michael Lawler

Republican Representative

New York

Cosponsors (3)
Daniel Meuser (Republican)Ann Wagner (Republican)Josh Gottheimer (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill amends the Fair Credit Reporting Act (FCRA) to establish new requirements for entities that resell information contained in consumer reports. It mandates that before a reseller transmits any such information to an end user or another reseller, they must implement reasonable procedures to assure the maximum possible accuracy of the data concerning the individual. A significant provision of this amendment includes a limitation of liability , clarifying that a reseller will not be held liable under the FCRA if they accurately communicate information obtained from another consumer reporting agency. This measure seeks to improve the integrity and trustworthiness of consumer data circulated by resellers within the credit reporting system.
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Timeline
Mar 27, 2026
Introduced in House
Mar 27, 2026
Referred to the House Committee on Financial Services.
  • March 27, 2026
    Introduced in House


  • March 27, 2026
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Fair Credit Reporting Reseller Accuracy Act

USA119th CongressHR-8141| House 
| Updated: 3/27/2026
This bill amends the Fair Credit Reporting Act (FCRA) to establish new requirements for entities that resell information contained in consumer reports. It mandates that before a reseller transmits any such information to an end user or another reseller, they must implement reasonable procedures to assure the maximum possible accuracy of the data concerning the individual. A significant provision of this amendment includes a limitation of liability , clarifying that a reseller will not be held liable under the FCRA if they accurately communicate information obtained from another consumer reporting agency. This measure seeks to improve the integrity and trustworthiness of consumer data circulated by resellers within the credit reporting system.
View Full Text

Suggested Questions

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

Timeline
Mar 27, 2026
Introduced in House
Mar 27, 2026
Referred to the House Committee on Financial Services.
  • March 27, 2026
    Introduced in House


  • March 27, 2026
    Referred to the House Committee on Financial Services.
Michael Lawler

Michael Lawler

Republican Representative

New York

Cosponsors (3)
Daniel Meuser (Republican)Ann Wagner (Republican)Josh Gottheimer (Democratic)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted