Floor SpeechNeutral2018-07-25

Text of Senate Amendment 3593

EnvironmentHousing

Context

On 2018-07-25, Senator Tim Scott (R-SC) delivered a floor speech titled "Text Of Senate Amendment 3593" in the Senate. The speech addressed the environment and also covered housing. It referenced legislation including HR6147, S5387.

Full Text

Text of Senate Amendment 3593

Congressional Record, Volume 164 Issue 125 (Wednesday, July 25, 2018) [Congressional Record Volume 164, Number 125 (Wednesday, July 25, 2018)] [Senate] [Page S5387] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 3593. Mr. SCOTT (for himself and Mr. Manchin) submitted an amendment intended to be proposed by him to the bill H.R. 6147, making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2019, and for other purposes; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. ___. POSITIVE CREDIT REPORTING PERMITTED. (a) In General.--Section 623 of the Fair Credit Reporting Act (15 U.S.C. 1681s-2) is amended by adding at the end the following: ``(f) Full-File Credit Reporting.-- ``(1) Definitions.--In this subsection, the following definitions shall apply: ``(A) Energy utility firm.--The term `energy utility firm' means an entity that provides gas or electric utility services to the public. ``(B) Utility or telecommunication firm.--The term `utility or telecommunication firm' 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). ``(2) Information relating to lease agreements, utilities, and telecommunications services.--Subject to the limitation in paragraph (3) and notwithstanding any other provision of law, a person or the Secretary of Housing and Urban Development 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, including such a lease in which the Department of Housing and Urban Development provides subsidized payments for occupancy in a dwelling; or ``(B) pursuant to a contract for a utility or telecommunications service. ``(3) Limitation.--Information about a consumer's usage of any utility service provided by a utility or telecommunication firm may be furnished to a consumer reporting agency only to the extent that the information relates to the payment by the consumer for the service of the utility or telecommunication service or other terms of the provision of the services to the consumer, including any deposit, discount, or conditions for interruption or termination of the service. ``(4) Payment plan.--An energy utility 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 energy utility 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 energy utility firm.''. (b) Limitation on Liability.--Section 623(c) of the Consumer Credit Protection Act (15 U.S.C. 1681s-2(c)) is amended-- (1) in paragraph (2), by striking ``or'' at the end; (2) by redesignating paragraph (3) as paragraph (4); and (3) by inserting after paragraph (2) the following: ``(3) subsection (f) of this section, including any regulations issued thereunder; or''. (c) GAO Study and Report.--Not later than 2 years after the date of the enactment of this Act, the Comptroller General of the United States shall submit to Congress a report on the impact of furnishing information pursuant to subsection (f) of section 623 of the Fair Credit Reporting Act (15 U.S.C. 1681s-2), as added by subsection (a) of this section, on consumers. ______

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Text of Senate Amendment 3593 Congressional Record, Volume 164 Issue 125 (Wednesday, July 25, 2018) [Congressional Record Volume 164, Number 125 (Wednesday, July 25, 2018)] [Senate] [Page S5387] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 3593. Mr. SCOTT (for himself and Mr. Manchin) submitted an amendment intended to be proposed by him to the bill H.R. 6147, making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2019, and for other purposes; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. ___. POSITIVE CREDIT REPORTING PERMITTED. (a) In General.--Section 623 of the Fair Credit Reporting Act (15 U.S.C. 1681s-2) is amended by adding at the end the following: ``(f) Full-File Credit Reporting.-- ``(1) Definitions.--In this subsection, the following definitions shall apply: ``(A) Energy utility firm.--The term `energy utility firm' means an entity that provides gas or electric utility services to the public. ``(B) Utility or telecommunication firm.--The term `utility or telecommunication firm' 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). ``(2) Information relating to lease agreements, utilities, and telecommunications services.--Subject to the limitation in paragraph (3) and notwithstanding any other provision of law, a person or the Secretary of Housing and Urban Development 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, including such a lease in which the Department of Housing and Urban Development provides subsidized payments for occupancy in a dwelling; or ``(B) pursuant to a contract for a utility or telecommunications service. ``(3) Limitation.--Information about a consumer's usage of any utility service provided by a utility or telecommunication firm may be furnished to a consumer reporting agency only to the extent that the information relates to the payment by the consumer for the service of the utility or telecommunication service or other terms of the provision of the services to the consumer, including any deposit, discount, or conditions for interruption or termination of the service. ``(4) Payment plan.--An energy utility 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 energy utility 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 energy utility firm.''. (b) Limitation on Liability.--Section 623(c) of the Consumer Credit Protection Act (15 U.S.C. 1681s-2(c)) is amended-- (1) in paragraph (2), by striking ``or'' at the end; (2) by redesignating paragraph (3) as paragraph (4); and (3) by inserting after paragraph (2) the following: ``(3) subsection (f) of this section, including any regulations issued thereunder; or''. (c) GAO Study and Report.--Not later than 2 years after the date of the enactment of this Act, the Comptroller General of the United States shall submit to Congress a report on the impact of furnishing information pursuant to subsection (f) of section 623 of the Fair Credit Reporting Act (15 U.S.C. 1681s-2), as added by subsection (a) of this section, on consumers. ______