H. R. 1345
IN THE HOUSE OF REPRESENTATIVES
March 2, 2017
Mr. Langevin (for himself, Mr. Price of North Carolina, Ms. Clark of Massachusetts, and Ms. Bass) introduced the following bill; which was referred to the Committee on Financial Services
To amend the Fair Credit Reporting Act to create protected credit reports for minors and protect the credit of minors, and for other purposes.
This Act may be cited as the
Protect Children from Theft Act of 2017.
Protections for credit reports of minors
The Fair Credit Reporting Act (15 U.S.C. 1681 et seq.) is amended by inserting after section 605B the following new section:
Additional protections for credit reports of minor consumers
A consumer reporting agency described in section 603(p) shall, upon request by a covered guardian of a minor consumer, create a blocked file for the minor consumer or convert a file of the minor consumer already in existence to a blocked file.
The Bureau, by rule, shall establish procedures—
for a consumer reporting agency described in section 603(p) to properly identify the covered guardian and the minor consumer prior to creating, converting, or unblocking a blocked file for such minor consumer;
for such a consumer reporting agency to create a blocked file for a minor consumer or to convert a file of a minor consumer already in existence to a blocked file; and
consistent with subsection (c), for a covered guardian to unblock a file.
Unblocking a file
A consumer reporting agency described in section 603(p) shall unblock a blocked file upon request by a covered guardian or on the date of the 18th birthday of the minor consumer.
An alert statement shall be included in a file unblocked pursuant to paragraph (1) if the minor consumer was a victim of fraud or identity theft before the date of the 18th birthday of the minor consumer as follows:
For a file unblocked upon request by a covered guardian, for a period of time beginning on the date such file is unblocked and ending on the date that is 1 year after the date of the 18th birthday of the minor consumer.
For a file unblocked on the date of the 18th birthday of the minor consumer, for a period of 1 year after such date.
Duty of reseller
With respect to information concerning a consumer whose file contains an alert statement, a reseller shall include such alert statement when furnishing such information.
The Bureau shall determine if a fee may be charged, and the amount of the fee charged, by a consumer reporting agency described in section 603(p) to create, convert, or unblock a file.
A consumer reporting agency described in section 603(p) may not charge a fee to a minor consumer who was a victim of fraud or identity theft prior to the date of the minor’s 18th birthday, to create, convert, or unblock a file.
No provision of this section shall be construed as requiring a consumer reporting agency described in section 603(p) to prevent a Federal, State, or local law enforcement agency from accessing a blocked file.
In this section the following definitions shall apply:
The term alert statement means a statement that—
notifies all prospective users of a consumer report relating to the consumer that the consumer may be a victim of fraud, including identity theft; and
is presented in a manner that facilitates a clear and conspicuous view of the statement described in subparagraph (A) by any person requesting such consumer report.
The term blocked file means a file of a minor consumer in which, pursuant to this section, a consumer reporting agency—
maintains a file with the name, social security number, date of birth, and, if applicable, any credit information of the minor consumer;
may not provide any person with a consumer report of the minor consumer; and
blocks the input of any information into the file, except with permission from a covered guardian of the minor consumer.
The term covered guardian means—
the legal guardian of a minor child;
the custodian of a minor child; or
in the case of a child in foster care, the State agency or Indian tribe or tribal organization responsible for the child’s foster care.
The term minor consumer means a consumer who has not attained 18 years of age.
Table of contents amendment
The table of contents of the Fair Credit Reporting Act (15 U.S.C. 1681 et seq.) is amended by inserting after the item related to section 605B the following new item:
605C. Additional protections for credit reports of minor consumers.