HR 8141 · 119th CongressIn Committeecongress.gov ↗

Fair Credit Reporting Reseller Accuracy Act

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill says that companies that collect and combine people's credit information from other sources — instead of keeping their own credit records — must take reasonable steps to make sure the information they share is as accurate as possible. However, if one of these companies passes along information exactly as it received it from another credit reporting agency, it cannot be held legally responsible for errors in that information.

Introduced

March 27, 2026

Policy Area

Finance and Financial Sector

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