“(dd) Definitions related to days
“(1) Calendar day; day—The term calendar day or day means a calendar day, excluding any federally recognized holiday.
“(2) Business day—The term business day means a day between and including Monday to Friday, and excluding any federally recognized holiday.”
“(1) Many financial and non-financial decisions affecting consumers’ lives depend upon fair, complete, and accurate credit reporting. Inaccurate and incomplete credit reports directly impair the efficiency of the financial system and undermine the integrity of using credit reports in other circumstances, and unfair credit reporting and credit scoring methods undermine the public confidence which is essential to the continued functioning of the financial services system and the provision of many other consumer products and services.”
“(1) To require”
“(2) To prohibit any practices and procedures with respect to credit reports and credit scores that are not in the public interest.”
“634. Voiding of certain contracts not in the public interest
“(a) In general—Any provision contained in a contract that requires a person to not follow a provision of this title, that is against the public interest, or that otherwise circumvents the purposes of this title shall be null and void.
“(b) Rule of construction—Nothing in subsection (a) shall be construed as affecting other provisions of a contract that are not described under subsection (a).”
“(1) Active duty uniformed consumer—The term “active duty uniformed consumer” means a consumer who is—
“(A) in military service and on active service (as defined in section 101(d) of title 10, United States Code); or
“(B) a member of the uniformed services (as defined in section 101(a) of title 10, United States Code) who is not a member of the armed forces and is on active service.”
“(ii) Extended active duty uniformed consumer—The term “extended active duty uniformed consumer” means an active duty uniformed consumer that is deployed—
“(1) in a combat zone (as defined under section 112(c) of the Internal Revenue Code of 1986); or
“(2) aboard a United States vessel.”
“(19) Any item of adverse information about a consumer, if the action or inaction that gave rise to the item occurred while the consumer was an extended active duty uniformed consumer.”
“(i) Notice of status as an extended active duty uniformed consumer—With respect to an item of adverse information about a consumer, if the action or inaction that gave rise to the item occurred while the consumer was an extended active duty uniformed consumer, the consumer may provide appropriate proof, including official orders, to a consumer reporting agency that the consumer was an extended active duty uniformed consumer at the time such action or inaction occurred. The consumer reporting agency shall promptly delete that item of adverse information from the file of the consumer and notify the consumer and the furnisher of the information of the deletion.”
“(2) Negative information alert—Any time a consumer reporting agency receives an item of adverse information about a consumer, if the consumer has provided appropriate proof that the consumer is an extended active duty uniformed consumer, the consumer reporting agency shall promptly notify the consumer—
“(A) that the agency has received such item of adverse information, along with a description of the item; and
“(B) the method by which the consumer can dispute the validity of the item.
“(3) Contact information for extended active duty uniformed consumers—With respect to any consumer that has provided appropriate proof to a consumer reporting agency that the consumer is an extended active duty uniformed consumer, if the consumer provides the consumer reporting agency with separate contact information to be used when communicating with the consumer while the consumer is an extended active duty uniformed consumer, the consumer reporting agency shall use such contact information for all communications while the consumer is an extended active duty uniformed consumer.”
“(3) subparagraphs (A) and (B) of subsection (c)(1), in the case of a referral under subsection (c)(1)(C).”
“(g) Full-File credit reporting
“(1) In general—Subject to the requirements of paragraphs (2) through (5) and notwithstanding any other provision of law, a person that has obtained the written authorization of a consumer may furnish to a consumer reporting agency information relating to the performance of a consumer in making payments—
“(A) under a lease agreement with respect to a dwelling; or
“(B) pursuant to a contract for services provided by a utility or telecommunication firm.
“(2) Limitations
“(A) Withheld payments due to habitability or sanitary conditions—No person shall furnish or threaten to furnish negative information relating to the performance of a consumer in making payments under a lease agreement with respect to a dwelling if the consumer has withheld payment pursuant to—
“(i) any right or remedy for breach of the warranty of habitability; or
“(ii) any violation of a Federal, State, or municipal law, code, or regulation regarding sanitary conditions.
“(B) Services provided by a utility or telecommunication firm—Information about a consumer’s usage of any services provided by a utility or telecommunication firm may be furnished to a consumer reporting agency only to the extent that such information relates to—
“(i) payment by the consumer for such services; or
“(ii) other terms of the provision of such services to the consumer, including any deposit, discount, or conditions for interruption or termination of such services.
“(3) Payment plan—A utility or telecommunication firm may not report payment information to a consumer reporting agency with respect to an outstanding balance of a consumer as late if—
“(A) the utility or telecommunication firm and the consumer have entered into a payment plan (including a deferred payment agreement, an arrearage management program, or a debt forgiveness program) with respect to such outstanding balance; and
“(B) the consumer is meeting the obligations of the payment plan, as determined by the utility or telecommunication firm.
“(4) Prohibition on use by debt collectors—A debt collector (as defined in section 803(6) of the Fair Debt Collection Practices Act) may not use the information described in paragraph (1).
“(5) Relation to State law—Notwithstanding section 625, this subsection shall not preempt any law of a State with respect to furnishing to a consumer reporting agency information relating to the performance of a consumer in making payments pursuant to a lease agreement with respect to a dwelling or a contract for a utility or telecommunications service. For purposes of this paragraph, the term law of a State shall include all laws, decisions, rules, regulations, or other State action having the effect of law, as issued by a State, any political subdivisions thereof, or any agency or instrumentality of either the State or a political subdivision thereof.
“(6) Utility or telecommunication firm defined—In this subsection, the term utility or telecommunication firm—
“(A) means an entity that provides utility services to the public through pipe, wire, landline, wireless, cable, or other connected facilities, or radio, electronic, or similar transmission (including the extension of such facilities); and
“(B) includes an entity that provides natural gas or electric service to consumers.”
“638. Cybersecurity supervision and examination of large consumer reporting agencies
“(a) In general—Consumer reporting agencies described under section 603(p) shall be subject to cybersecurity supervision and examination by the Bureau.
“(b) Minimum training requirements—Consumer reporting agencies described under section 603(p) shall meet minimum training and ongoing certification requirements with respect to cybersecurity at regular intervals, as established by the Director of the Bureau.”