OBAMA. New Act 815 ILCS 505/2Z from Ch. 121 1/2, par. 262Z Creates the Credit Reporting Fairness Act. Establishes permissible uses of credit reports and content of credit reports. Establishes compliance procedures for credit reporting agencies. Provides for disclosure of credit information to the person who is the subject of the information. Establishes procedures to dispute the accuracy of the reports. Sets forth requirements for providers of information to credit reporting agencies. Makes a violation of the Act an unlawful business practice under the Consumer Fraud and Deceptive Business Practices Act. 97-02-05 S FIRST READING 97-02-05 S REFERRED TO SENATE RULES COMMITTEE RULES 97-02-19 S ASSIGNED TO COMMITTEE FIN INST 97-02-28 S POSTPONED 97-03-13 S TO SUBCOMMITTEE 97-03-13 S COMMITTEE FIN INST 97-03-15 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary