,,ii #aacth ,,congress #ast ,session ,s4 #dga ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #f1 #bjac ,mr4 ,sanders 7for himself1 ,mrs4 ,boxer1 ,mrs4 ,feinstein1 ,mr4 ,menendez1 and ,mr4 ,lautenberg7 introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to amend the ,fair ,credit ,reporting ,act to require the inclusion of credit scores with free annual credit reports provided to consumers1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,fair ,access to ,credit ,scores ,act of #bjac4 #b4 ,credit scores included in free annual disclosures 7a7 ,in general ,section #fji of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;g7 is amended-- 7#a7 in subsection 7a77#a7-- 7,a7 by striking and at the end and inserting a period2 7,b7 by striking except that-- and all that follows through 7,a7 if the and inserting except that1 if the2 and 7,c7 by striking subparagraph 7,b72 7#b7 in subsection 7a71 by adding at the end the following3 7#g7 ,all consumer reporting agencies described in section #fjc7p7 shall disclose a current credit score generated using the scoring algorithm1 formula1 model1 program or mechanism that is most frequently used to generate scores sold to creditors1 subject to regulations of the ,bureau1 along with any information in the consumer's file at the time of the request concerning credit scores or any other risk scores or predictors relating to the consumer1 if such request is made in connection with a free annual disclosure made pursuant to section #fab7;a74 7#h7 ,such other consumer information as the ,bureau considers appropriate with respect to consumer financial education1 including the information required by subsection 7f77#a71 information on where the credit score of the consumer falls with respect to a range of possible credit scores1 and the general factors contributing to the credit scores of consumers4 2 and 7#c7 in subsection 7f7-- 7,a7 by striking ,upon the request and all that follows through subparagraph 7,a7 and inserting the following3 7#a7 ,in general ,upon request of a consumer for a credit score or a risk score1 a consumer reporting agency shall supply to the consumer-- 7,a7 any credit score or risk score in the file of the consumer at the consumer reporting agency2 2 7,b7 in paragraph 7#b7-- 7i7 by redesignating subparagraph 7,b7 as subparagraph 7,c72 and 7ii7 by striking subparagraph 7,a7 and inserting the following3 7,a7 ,credit score ,the term credit score means a numerical value or a categorization derived from a statistical tool or modeling system used by a person who makes or arranges a loan to predict the likelihood of certain credit behaviors1 including default4 7,b7 ,risk score ,the term risk score means a numerical value or a categorization derived from a statistical tool or modeling system based upon information from a consumer report for the purpose of predicting the likelihood of certain behaviors or outcomes1 and includes scores used for the underwriting of insurance4 2 7,c7 by striking paragraph 7#f7 and inserting the following3 7#f7 ,maintenance of credit scores ,all consumer reporting agencies shall maintain in the consumer's file credit scores or any other risk scores or predictors relating to the consumer for a period of no less than #a year from the date on which such information is generated4 2 7,d7 by striking paragraph 7#g72 and 7,e7 in paragraph 7#h71 by inserting before the period at the end the following3 1 except that a consumer reporting agency described in section #fjc7p7 shall provide a credit score without charge to the consumer if the consumer is requesting the score in connection with a free annual disclosure made pursuant to section #fab7;a74 7b7 ,inclusion in free reports ,section #fab of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;j7 is amended-- 7#a7 in subsection 7a77#a77;,a71 by striking 7w7 and inserting 7x72 and 7#b7 in subsection 7g7-- 7,a7 in paragraph 7#a7-- 7i7 by striking free credit report and inserting free or low cost credit report or credit score2 and 7ii7 by inserting and free credit scores after free credit reports2 and 7,b7 in paragraph 7#b7-- 7i7 by striking televison and inserting television2 and 7ii7 by inserting or free credit score1 as applicable1 after free credit report4 7c7 ,technical corrections ,the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;a et seq47 is amended-- 7#a7 in section #fjc7;d77#b77;,d7 7#ae ,u4,s4,c4 #afha;a7d77#b77;,d771 by striking subsection 7o7 or 7x7 and inserting with subsection 7o7 or 7y72 7#b7 in section #fjc7;i77#a77;,c7 7#ae ,u4,s4,c4 #afha;a7i77#a77;,c771 by striking the period at the end and inserting 2 and2 7#c7 in section #fji7;c77#a7 7#ae ,u4,s4,c4 #afha;g7c77#a77-- 7,a7 in the paragraph heading1 by striking ,commission and inserting ,bureau2 7,b7 in subparagraph 7,a71 by striking ,commission and inserting ,bureau2 7,c7 in subparagraph 7,b77vi71 by striking section #fjc7w7 and inserting section #fjc7x72 and 7,d7 in subparagraph 7,c71 by striking ,commission and inserting ,bureau2 and 7#d7 in section #fab7;a77#a7 7#ae ,u4,s4,c4 #afha;j7a77#a77-- 7,a7 in subparagraph 7,a71 by striking subsections 7p7 and 7w7 and inserting subsections 7p7 and 7x72 7,b7 in subparagraph 7,c77i7-- 7i7 by striking ,commission and inserting ,bureau2 and 7ii7 by striking section #fjc7w7 and inserting section #fjc7x72 7,c7 in subparagraph 7,c77iii71 by striking ,commission and inserting ,bureau2 and 7,d7 in subparagraph 7,c77iv71 by striking section #fjc7w7 and inserting section #fjc7x74 #c4 ,rulemaking ,not later than #ahj days after the date of enactment of this ,act1 the ,bureau of ,consumer ,financial ,protection shall develop regulations establishing a mandatory disclosure format for consumer file disclosures pursuant to section #fab7;a77#a77;,b7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afha;j7a77#a77;,b774 #d4 ,technical correction ,section #fae7;h77#h77;,a7 of the ,fair ,credit ,reporting ,act 7#ae ,u4,s4,c4 #afham7h77#h77;,a77 is amended by striking this section and inserting this subsection4