What it does
SourcedFair Credit Reporting Reseller Accuracy Act
This bill requires a consumer credit data reseller (a consumer reporting agency that does not maintain a credit database of its own, but assembles and merges a consumer's credit information from other agencies that it provides to a third party) to follow reasonable procedures to ensure the maximum possible accuracy of the credit information it provides.
A reseller may not be held liable under the Fair Credit Reporting Act for the information it provides if the reseller accurately communicates the information obtained from another consumer reporting agency.
Official summary by the Congressional Research Service (Introduced in House, Mar 27, 2026).
Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.
What has happened
Sourced- Sep 1, 2026Placed on the Union Calendar, Calendar No. 689.House floor actions
- Sep 1, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-789.House floor actions
- Sep 1, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-789.Library of Congress
- Jun 30, 2026Ordered to be Reported (Amended) by Voice Vote.House committee actions
- Jun 30, 2026Committee Consideration and Mark-up Session HeldHouse committee actions
- Mar 27, 2026Referred to the House Committee on Financial Services.House floor actions
- Mar 27, 2026Introduced in HouseLibrary of Congress
- Mar 27, 2026Introduced in HouseLibrary of Congress
Cosponsors
- Josh Gottheimer D-NJ-5
- Daniel Meuser R-PA-9
- Ann Wagner R-MO-2