US Codex
Bill
Notes

S. 1316 — what changed

Servicemembers’ Credit Monitoring Enhancement Act

From Introduced in Senate to Engrossed in Senate. 1 section amended and 1 removed between Introduced in Senate and Engrossed in Senate.

Section 1 Credit monitoring

changed This Act may be cited as the “Servicemembers’ The Fair Credit Monitoring Enhancement Act”.Reporting Act (15 U.S.C. 1681 et seq.) is amended—

(1)
added in section 605A(k) (15 U.S.C. 1681c–1(k))—
(A)
added by striking paragraph (1) and inserting the following:

added “(1) Definitions—In this subsection:

added “(A) Armed forces—The term armed forces has the meaning given the term in section 101(a) of title 10, United States Code.

added “(B) Armed forces member consumer—The term armed forces member consumer means a consumer who, regardless of duty status, is a member of the armed forces.”

(B)
added in paragraph (2)(A), by striking “active duty military consumer” and inserting “armed forces member consumer”; and
(2)
added in section 625(b)(1)(K) (15 U.S.C. 1681t(b)(1)(K)), by striking “active duty military consumers” and inserting “armed forces member consumers”.

Sec. 2 Credit monitoring

removed
(a)
removed In general— Section 605A(k) of the Fair Credit Reporting Act (15 U.S.C. 1681c–1(k)) is amended—
(1)
removed by amending paragraph (1) to read as follows:

removed “(1) Definitions—In this subsection:

removed “(A) Uniformed services—The term uniformed services has the meaning given the term in section 101(a) of title 10, United States Code.

removed “(B) Uniformed services member consumer—The term uniformed services member consumer means a consumer who, regardless of duty status, is—

removed “(i) a member of the uniformed services; or

removed “(ii) a spouse, or a dependent who is not less than 18 years old, of a member of the uniformed services.”

(2)
removed in paragraph (2)(A), by striking “active duty military consumer” and inserting “uniformed services member consumer”.
(b)
removed Regulations— The Federal Trade Commission shall issue rules to carry out the amendments made by subsection (a).
(c)
removed Effective date— The amendments made by subsection (a) shall take effect on the date that is 1 year after the date on which the Federal Trade Commission issues the final rule under subsection (b).