S 2074
Servicemembers’ Credit Monitoring Enhancement Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill amends the Fair Credit Reporting Act to broaden the definition of who qualifies for free credit monitoring services. Specifically, it expands ‘armed forces member consumer’ to include all members of the armed forces, regardless of their current duty status. Currently, these services were primarily targeted at ‘active duty military consumers.’ The changes will take effect one year after the bill’s passage.
Key provisions
- Expands the definition of ‘armed forces member consumer’ to include all members of the armed forces.
- Replaces ‘active duty military consumer’ with ‘armed forces member consumer’ in relevant sections of the Fair Credit Reporting Act.
- Updates language regarding credit monitoring recipients to ‘armed forces member consumers’.
Who is affected
- Members of the Armed Forces
- Credit Reporting Agencies
- Consumers
Notable changes
- Changes the terminology used to describe military consumers receiving credit monitoring.
- Extends eligibility for free credit monitoring to all members of the armed forces, not just those on active duty.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.
119th CONGRESS — 1st Session
S. 2074
IN THE SENATE OF THE UNITED STATES
A BILL
To amend the Fair Credit Reporting Act to expand the definition of an active duty military consumer for purposes of certain credit monitoring requirements, and for other purposes.
This Act may be cited as the Servicemembers’ Credit Monitoring Enhancement Act
.
active duty military consumerand inserting
armed forces member consumer; and
active duty military consumersand inserting
armed forces member consumers.
The amendments made by subsection (a) shall take effect on the date that is 1 year after the date of enactment of this Act.