Senate Sponsors: OBAMA. Short description: CREDIT REPORTING FAIRNESS ACT Synopsis of Bill as introduced: 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. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status