,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #bcbd  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #ae1 #bjai,mr4 
,g>ca ( ,ill9ois introduc$ ! foll[+     
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to am5d 
! ,equal ,cr$it ,opportunity ,act to    
require cr$itors to reque/ demographic  
in=mation f applicants = c]ta9 types (  
cr$it 9 ord] to prev5t discrim9atory    
l5d+ practices ) respect to ^?          
applicants1 & = o!r purposes4  #a4 ,%ort
 title ,?is ,act may be cit$ z !        
,protections 9 ,consum] ,l5d+ ,act4  #b4
 ,collection ( demographic in=mation    
7a7 ,9 g5]al ,! ,equal ,cr$it           
,opportunity ,act 7#ae ,u4,s4,c4 #afia  
et seq47 is am5d$ by ins]t+ aft] section
 #gjd;,b 7#ae ,u4,s4,c4 #afia;c-#b7 !   
foll[+3  #gjd;,c4 ,collection (         
demographic in=mation  7a7 ,def9itions  
,9 ?is section-- 7#a7 ! t]ms annual     
p]c5tage rate & int]e/ h ! mean+s giv5  
^? t]ms 9 section #ihg7;i7 ( title #aj1 
,unit$ ,/ates ,code2  7#b7 ! t]m cov]$  

transaction means-- 7,a7 ! ext5sion (   
cr$it ) respect to ! pur*ase ( a motor  
vehicle2  7,b7 ! ext5sion ( cr$it )     
respect to :i* ! annual p]c5tage rate ( 
int]e/ impos$ is great] ?an #cf p]c5t2  
7,c7 ! ext5sion ( cr$it-- 7i7 9 an am\nt
 t is less ?an #ae1jjj2 or  7ii7 )      
respect to :i* ! p]iod ( repaym5t is    
less ?an #c ye>s2 &  7,d7 ! op5+ ( a    
cr$it c>d acc\nt2 &  7#c7 ! t]m cov]$   
ye> means a ye> 9 :i* a cr$itor engages 
9 a cov]$ transaction4  7b7 ,purpose2   
s5se ( ,congress  7#a7 ,purpose ,!      
purpose ( ?is section is to provide !   
,bureau & ! public ) data t c be us$    
to--  7,a7 help det]m9e :e!r cr$itors   
are s]v+ ! cr$it-l5d+ ne$s ( !          
communities 9 :i* ! cr$itors are locat$2
 &  7,b7 assi/ 9-- 7i7 id5tify+ possible
 discrim9atory l5d+ patt]ns2 &  7ii7    
en=c+ antidiscrim9ation /atutes1 includ+
 ?is title4  7#b7 ,s5se ( ,congress ,x  
is ! s5se ( ,congress t no?+ 9 ?is      
section is int5d$ to enc\rage uns\nd    
l5d+ practices or ! allocation ( cr$it4 

7c7 ,collection ( in=mation  7#a7 ,9    
g5]al ,subject to ! o!r provisions ( ?is
 section1 aft] a cr$itor decides :e!r to
 approve an application submitt$ by an  
applicant ) respect to a cov]$          
transaction1 ! cr$itor--  7,a7 %all--   
7i7 reque/ f ! applicant ! in=mation    
describ$ 9 p>agraph 7#b7 ) respect to ! 
applicant2  7ii7 :5 collect+ in=mation  
"u clause 7i71 provide a disclaim] to ! 
applicant reg>d+-- 7,i7 ! purposes ( !  
collection ( ! in=mation2 &  7,,ii7 ! "r
 ( ! applicant "u p>agraph 7#c72  7iii7 
itemize ! in=mation ) respect to !      
application1 includ+ any in=mation      
collect$ "u clause 7i71 9 ord] to cle>ly
 & conspicu\sly disclose--  7,i7 ! numb]
 ( ! application & ! date on :i* !      
application 0 receiv$2  7,,ii7 ! type & 
purpose ( ! cov]$ transaction2  7,,iii7 
! am\nt ( ! cr$it or cr$it limit appli$ 
= ) respect to ! cov]$ transaction2     
7,,iv7 if applicable1 ! am\nt ( ! cr$it 
or cr$it limit approv$ = ! applicant )  
respect to ! cov]$ transaction2  7,v7 ! 

type ( action tak5 ) respect to !       
application1 ! date on :i* t action is  
tak51 &1 if ! action tak5 is to reject !
 application1 ! reason = t rejection2   
7,,vi7 ! orig9ator ( ! cov]$            
transaction2  7,,vii7 ! cr$it score &   
debt to income ratio ( ! applicant2     
7,,viii7 if ! cov]$ transaction is a    
loan1 :e!r or n ! loan is amortiz+2 &   
7,,ix7 any additional data t ! ,bureau  
det]m9es w\ld aid 9 fulfill+ ! purposes 
( ?is section2 &  7iv7 9 accordance )   
subsection 7e71 submit any in=mation    
collect$ "u clause 7i7 & ! in=mation    
itemiz$ "u clause 7iii7 to ! ,bureau1   
:i* %all--  7,i7 /ore & ma9ta9 t        
in=mation2  7,,ii7 make ! in=mation     
available onl9e 9 accordance )          
subsection 7e77#e72 &  7,,iii7 take !   
action describ$ 9 subsection 7f7 )      
respect to ! in=mation2 &  7,b7 9 c>ry+ 
out subp>agraph 7,a71 may n include 9   
any record ! "n1 specific address1      
telephone numb]1 electronic mail        
address1 or any o!r p]sonally           

id5tifiable in=mation ( ! applicant4    
7#b7 ,in=mation describ$ ,! in=mation   
describ$ 9 ?is p>agraph %all include1 ) 
respect to an applicant :o submits an   
application to a cr$itor 9 connection ) 
a cov]$ transaction--  7,a7 ! age ( !   
applicant2  7,b7 ! race ( ! applicant2  
7,c7 ! color ( ! applicant2  7,d7 ! sex 
( ! applicant2  7,e7 ! m>ital /atus ( ! 
applicant2  7,f7 ! sexual ori5tation ( !
 applicant2 &  7,g7 ! g5d] id5tity ( !  
applicant4  7#c7 ,"r to refuse ,an      
applicant ) respect to a cov]$          
transaction may refuse to provide any   
in=mation reque/$ "u p>agraph 7#a7 )    
respect to ! cov]$ transaction4  7d7 ,no
 access by und]writ]s  7#a7 ,limitation 
,:]e feasible1 & subject to p>agraph    
7#b71 no loan und]writ] or o!r (fic] or 
employee ( a cr$itor1 or any affiliate (
 a cr$itor1 involv$ 9 mak+ any          
det]m9ation conc]n+ an application )    
respect to a cov]$ transaction may h    
access to any in=mation provid$ by !    
applicant ) respect to t cov]$          

transaction pursuant to a reque/ =      
in=mation "u subsection 7c77#a77;,a77i7 
9 connection ) t application4  7#b7     
,limit$ access ,if a cr$itor det]m9es t 
a loan und]writ] or o!r (fic] or        
employee ( ! cr$itor1 or any affiliate (
 ! cr$itor1 involv$ 9 mak+ any          
det]m9ation conc]n+ an application )    
respect to a cov]$ transaction %\ld h   
access to any in=mation provid$ by !    
applicant ) respect to t cov]$          
transaction pursuant to a reque/ =      
in=mation "u subsection 7c77#a77;,a77i7 
9 connection ) t application1 ! cr$itor 
%all provide notice to ! applicant--    
7,a7 reg>d+ ! access ( ! und]writ] to t 
in=mation2 &  7,b7 t ! cr$itor may n    
discrim9ate on ! basis ( t in=mation4   
7e7 ,prohibition on %>+ in=mation ) ?ird
 p>ties  7#a7 ,9 g5]al ,o!r ?an         
disclosures to ! ,bureau requir$ by     
subsection 7f71 cr$itors may n %>e1     
ex*ange1 transf]1 sell1 lease1 r5t1     
provide1 disclose1 or o!rwise p]mit     
access to any ?ird p>ty ! in=mation     

provid$ by applicants pursuant to a     
reque/ = in=mation "u subsection        
7c77#a77;,a77i74  7#b7 ,?ird p>ty ,! t]m
 ?ird p>ty means any p]son1 p>tn]%ip1 or
 corporation t is n-- 7,a7 ! p]son1     
p>tn]%ip1 or corporation t is %>+ !     
in=mation2 &  7,b7 solely p]=m+ an      
outs\rc$ function ( ! cr$itor if !      
p]son1 p>tn]%ip1 or corporation is      
contractually or legally prohibit$ f    
us+1 /or+1 or %>+ ! p]sonal in=mation   
aft] ! conclusion ( ! outs\rc$ function4
  7f7 ,disclosure ( in=mation to ,bureau
  7#a7 ,9 g5]al ,n lat] ?an ,m>* #a ( ! 
ye> aft] a cov]$ ye> = a cr$itor1 !     
cr$itor %all submit to ! ,bureau all ( !
 in=mation t ! cr$itor collect$ "u      
clause 7i7 ( subsection 7c77#a77;,a7 &  
itemiz$ "u clause 7iii7 ( t subsection  
dur+ t cov]$ ye>4  7#b7 ,in=mation      
reta9$ ,ea* cr$itor t submits in=mation 
to ! ,bureau "u p>agraph 7#a7 %all reta9
 a copy ( t in=mation 9 ! records ( !   
cr$itor = n less ?an #c ye>s aft] ! date
 on :i* ! cr$itor submits ! in=mation4  

7#c7 ,prohibition ,a cr$itor t collects 
in=mation "u subsection 7c77#a77;,a7 may
 n-- 7,a7 %>e1 ex*ange1 transf]1 sell1  
disclose1 or o!rwise p]mit access to t  
in=mation except z provid$ 9 ?is        
subsection2 or  7,b7 use t in=mation =  
any purpose1 includ+ = a purpose relat+ 
to m>ket+1 except z provid$ 9 ?is       
subsection4  7#d7 ,disclosure /atem5t ,!
 ,bureau %all make available a          
disclosure /atem5t bas$ on ! in=mation t
 ea* cr$itor submits = a cov]$ ye> "u   
p>agraph 7#a71 :i*--  7,a7 %all         
include-- 7i7 ! numb] ( applications =  
cov]$ transactions t ! cr$itor receiv$ &
 approv$ dur+ t cov]$ ye>2 &  7ii7 ! zip
 code & ,/ate ( resid5ce = ea* applicant
 ) respect to an application = a cov]$  
transaction receiv$ by ! cr$itor dur+ t 
cov]$ ye>2 &  7,b7 may n include any    
in=mation describ$ 9 subsection         
7c77#a77;,b74  7#e7 ,onl9e disclosure ,!
 ,bureau %all--  7,a7 po/ a g5]al notice
 reg>d+ ! availability ( ! in=mation    
receiv$ by ! ,bureau "u p>agraph 7#a72  

7,b7 9 ! notice po/$ "u subp>agraph     
7,a71 cle>ly convey t ! in=mation       
describ$ 9 t subp>agraph is available on
 ! website ( ! ,bureau2 &  7,c7 :5 mak+ 
! in=mation receiv$ "u p>agraph 7#a7    
available on ! website ( ! ,bureau1     
ensure t--  7i7 ! in=mation is easy =   
memb]s ( ! public to access & und]/&2 & 
7ii7 access+ & read+ ! in=mation does n 
require ! use ( any advanc$ comput]     
program or s(tw>e4  7g7 ,bureau action  
7#a7 ,ensur+ no discrim9ation  7,a7 ,9  
g5]al ,! ,bureau %all exam9e ! in=mation
 submitt$ to ! ,bureau "u subsection 7e7
 or subp>agraph 7,b71 z applicable1 to  
ensure t--  7i7 ea* cr$itor makes a     
decision reg>d+ :e!r to approve an      
application = a cov]$ transaction bas$  
on ! int]nal requirem5ts & policies ( ! 
cr$itor ) respect to ! ext5sion ( cr$it2
 &  7ii7 no cr$itor ) respect to a cov]$
 transaction discrim9ates aga9/ an      
applicant ) respect to t cov]$          
transaction on ! basis ( any *>act]i/ic 
( ! applicant describ$ 9 subsection     

7c77#b74  7,b7 ,in=mation f o!r gov]nm5t
 entities ,= ! purposes ( subp>agraph   
7,a71 ! ,bureau may rely on in=mation t 
is collect$ by ano!r ,f$]al1 ,/ate1 or  
local gov]nm5t ag5cy & submitt$ to !    
,bureau if ! ,director ( ! ,bureau      
det]m9es t--  7i7 rely+ on t in=mation  
promotes transp>5cy2 &  7ii7 ! in=mation
 collect$ by t o!r ag5cy is sub/antially
 simil> to ! in=mation t is submitt$ to 
! ,bureau "u subsection 7e74  7#b7      
,en=cem5t  7,a7 ,9 g5]al ,! ,bureau may 
take su* action z ! ,bureau det]m9es to 
be necess>y or appropriate to c>ry out  
p>agraph 7#a77;,a71 includ+ by--  7i7   
impos+ a civil p5alty 9 an am\nt        
describ$ 9 section #gjf7;b7 aga9/ a     
cr$itor t violates t p>agraph2 &  7ii7 z
 appropriate1 ref]r+ a matt] to !       
,attorney ,g5]al4  7,b7 ,rules (        
con/ruction reg>d+ bona fide errors  7i7
 ,un9t5tional errors ,an error by a     
cr$itor 9 compil+ or record+ in=mation1 
includ+ an incorrect entry = a c5sus    
tract numb]1 may n be con/ru$ z a       

violation ( ?is section if ! error is   
un9t5tional & occurs despite ! ma9t5ance
 ( proc$ures by ! cr$itor t are         
reasonably adapt$ to avoid ^? errors4   
7ii7 ,inaccurate or incomplete in=mation
 ,if a cr$itor1 n lat] ?an #cj days aft]
 ! end ( ea* cal5d> qu>t]1 makes a good 
fai? ef=t to record all in=mation       
requir$ to be collect$ "u clause 7i7 (  
subsection 7c77#a77;,a7 & itemiz$ "u    
clause 7iii7 ( t subsection dur+ t qu>t]
 & "s ( t in=mation is nev]!less        
inaccurate or incomplete1 ! error or    
omission1 z applicable1 may n be con/ru$
 to violate ?is section if ! cr$itor    
corrects or completes ! in=mation be=e  
submitt+ ! in=mation to ! ,bureau "u    
subsection 7e74  7h7 ,report+ requirem5t
 ,n lat] ?an #a ye> aft] ! date (       
enactm5t ( ?is section1 & annually      
!reaft]1 ! ,bureau %all submit to       
,congress a report reg>d+ ! ef=ts ( !   
,bureau 9 c>ry+ out ?is section4  4  7b7
 ,te*nical & con=m+ am5dm5t ,! table (  
cont5ts = ! ,equal ,cr$it ,opportunity  

,act 7#ae ,u4,s4,c4 #afia et seq47 is   
am5d$ by ins]t+ aft] ! item relat+ to   
section #gjd;,b 7#ae ,u4,s4,c4          
#afia;c-#b7 ! foll[+3  #gjd;,c4         
,collection ( demographic in=mation4  4