To amend the Fair Credit Reporting Act to provide for an exclusion from Red Flag Guidelines for health care practices with 20 or fewer employees.

Amends the Fair Credit Reporting Act with respect to the duties of users of consumer reports taking adverse actions on the basis of information contained in such reports.

Excludes any health care practice with 20 or fewer employees from the meaning of creditor subject to Red Flag Guidelines regarding identity theft promulgated by the proper federal financial regulatory agency.

[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2345 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 2345

To amend the Fair Credit Reporting Act to provide for an exclusion from 
    Red Flag Guidelines for health care practices with 20 or fewer 
                               employees.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 12, 2009

  Mr. Adler of New Jersey (for himself, Mr. Simpson, and Mr. Broun of 
   Georgia) introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To amend the Fair Credit Reporting Act to provide for an exclusion from 
    Red Flag Guidelines for health care practices with 20 or fewer 
                               employees.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXCLUSION FOR HEALTH CARE PRACTICES WITH 20 OR FEWER 
              EMPLOYEES.

    (a) In General.--Section 615(e) of the Fair Credit Reporting Act 
(15 U.S.C. 1681m(e)) is amended by adding at the end the following new 
paragraph:
            ``(4) Exclusion for health care practices with 20 or fewer 
        employees.--For purposes of developing guidelines and 
        prescribing regulations under this subsection, the term 
        `creditor' shall not include a health care practice with 20 or 
        fewer employees.''.
    (b) Regulations.--Not later than 180 days after the date of the 
enactment of this Act, the agencies described in section 615(e)(1) of 
the Fair Credit Reporting Act (15 U.S.C. 1681m(e)(1)) shall update the 
guidelines and regulations required under such section to reflect the 
amendment made by subsection (a).
                                 <all>