To amend the Fair Credit Reporting Act to require nationwide consumer reporting agencies, upon request, to use a consumer’s current legal name on consumer reports, and for other purposes.
Summary
What This Bill Does
The bill requires short title This Act may be cited as the Name Accuracy in Credit Reporting Act and requires requirement to use a consumer’s current legal name on consumer reports Section 605(a) of the Fair Credit Reporting Act (15 U.S.C. It relies on reporting requirements and compliance mandates. The main policy areas are Homeowners and Housing.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Homeowners, tenants, or housing market participants affected by the bill would take on compliance duties.
Key Provisions
- Requires short title This Act may be cited as the Name Accuracy in Credit Reporting Act.
- Requires requirement to use a consumer’s current legal name on consumer reports Section 605(a) of the Fair Credit Reporting Act (15 U.S.C.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires short title This Act may be cited as the Name Accuracy in Credit Reporting Act and requires requirement to use a consumer’s current legal name on consumer reports Section 605(a) of the Fair Credit Reporting Act (15 U.S.C.
Key Policy Areas
Homeowners, Housing
Primary Purpose
The bill requires short title This Act may be cited as the Name Accuracy in Credit Reporting Act and requires requirement to use a consumer’s current legal name on consumer reports Section 605(a) of the Fair Credit Reporting Act (15 U.S.C.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Homeowners, tenants, or housing market participants affected by the bill
Legislative Progress
IntroducedMs. Pressley introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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