Servicemembers Credit Protection Act

Summary

Servicemembers Credit Protection Act - Amends the Servicemembers Civil Relief Act to direct the Secretary of Defense, in case of the deployment of a servicemember away from their usual duty station to duty for which the servicemember is entitled to special pay, to notify each consumer reporting agency (agency): (1) of the deployment of such servicemember within 30 days after the deployment; and (2) within 30 days after the end of such deployment. Requires the Secretary, in providing such notice, to take measures to ensure agency compliance with provisions of the Fair Credit Reporting Act with respect to the servicemember. Increases penalties for consumer credit reporting violations involving servicemembers deployed to an overseas combat zone. Amends the Fair Credit Reporting Act to require each agency that receives a combat zone duty alert from the Secretary with respect to a servicemember to: (1) include the alert in the file of that consumer and provide such alert along with any credit score, until notified by the Secretary that the consumer no longer qualifies for such alert; and (2) during the period of the alert, exclude the consumer from any list provided to a third party to offer credit or insurance to such consumer as part of a transaction not initiated by the consumer. Requires the combat zone duty alert included in any consumer's file to include a summary of the consumer's rights under the Servicemembers Civil Relief Act and the duties of creditors and other persons to the consumer.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 March 2007

   Introduced

   Referred to the Committee on Veterans' Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 20 March 2007

   Introduced

   Referred to the Committee on Veterans' Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

3. 20 March 2007

   Introduced

   Introduced in House

   Source: IntroReferral

4. 20 March 2007

   Introduced

   Introduced in House

   Source: IntroReferral

5. 23 March 2007

   Referred

   Referred to the Subcommittee on Economic Opportunity.

   Source: Committee

6. 13 April 2007

   Referred

   Referred to the Subcommittee on Financial Institutions and Consumer Credit.

   Source: Committee

7. 21 June 2007

   Committee

   Subcommittee Hearings Held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 20 March 2007 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 March 2007

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 March 2007

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 20 March 2007

  Open at official source

Sponsors

• Rep. Israel, Steve [D-NY-3] · D · Sponsor
• Rep. Davis, Geoff [R-KY-4] · R · Sponsor
• · hsvr00 · Standing
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.