Senate Amendment 5076 PAG LIN 1 1 Amend Senate File 2277 as follows: 1 2 #1. Page 1, by striking lines 6 and 7 and 1 3 inserting the following: 1 4 <2. "Consumer credit report" means a consumer 1 5 report, as defined in 15 U.S.C. } 1681a, that is used 1 6 or collected in whole or in part for the purpose of 1 7 serving as a factor in establishing a consumer's 1 8 eligibility for credit for personal, family, or 1 9 household purposes.> 1 10 #2. Page 1, line 9, by inserting after the figure 1 11 <1681a(f).> the following: <A consumer reporting 1 12 agency does not include any of the following: 1 13 a. A check service or fraud prevention service 1 14 company that reports on incidents of fraud or issues 1 15 authorizations for the purpose of approving or 1 16 processing negotiable instruments, electronic fund 1 17 transfers, or similar methods of payment. 1 18 b. A deposit account information service company 1 19 that issues reports regarding account closures due to 1 20 fraud, overdrafts, automated teller machine abuse, or 1 21 similar negative information regarding a consumer to 1 22 inquiring financial institutions for use only in 1 23 reviewing the consumer's request for a deposit account 1 24 at the inquiring financial institution. 1 25 c. Any person or entity engaged in the practice of 1 26 assembling and merging information contained in a 1 27 database of one or more consumer reporting agencies 1 28 and does not maintain a permanent database of credit 1 29 information from which new consumer reports are 1 30 produced.> 1 31 #3. Page 1, line 15, by striking the word 1 32 <consumer's> and inserting the following: <consumer 1 33 credit>. 1 34 #4. Page 1, line 18, by striking the word 1 35 <consumer's> and inserting the following: <consumer 1 36 credit>. 1 37 #5. Page 2, line 2, by inserting after the word 1 38 <consumer> the following: <credit>. 1 39 #6. Page 3, line 4, by inserting after the word 1 40 <consumer> the following: <credit>. 1 41 #7. Page 3, line 8, by inserting after the word 1 42 <consumer> the following: <credit>. 1 43 #8. Page 3, line 10, by inserting after the word 1 44 <consumer> the following: <credit>. 1 45 #9. Page 4, by striking line 20 and inserting the 1 46 following: <providing a customer with a copy of the 1 47 consumer credit>. 1 48 #10. Page 4, line 22, by inserting after the word 1 49 <consumer> the following: <credit>. 1 50 #11. Page 4, line 27, by inserting after the word 2 1 <consumer> the following: <credit>. 2 2 2 3 2 4 2 5 STEVE WARNSTADT 2 6 SF 2277.302 82 2 7 rn/rj/20597 -1-