AI-assisted analysis based on the official CRS summary. Source version: Aug 27, 2026. Analysis updated: Sep 18, 2026.
01 — The Text
What.
- Permits persons and HUD to report consumer payment performance on rental leases to credit reporting agencies
- Allows reporting of on-time payments for utility and telecommunications services to credit reporting agencies
- Restricts utility reporting to payment-related information only; usage data cannot be reported
- Prohibits energy utilities from marking accounts as late if the consumer is meeting a payment plan
- Exempts violators of this bill from civil liability provisions that normally apply to credit information furnishers
02 — The Stakes
So what?
- Consumers who pay rent and utilities on time may build credit history through these positive payment records
- Energy utilities cannot penalize accounts in good standing under payment plans
- The bill's violations are not subject to existing civil liability frameworks for credit reporting entities
- GAO is required to study consumer impact and effects of reporting cash flow data to credit agencies, but results are not yet available
03 — The Path
Now what?
- Bill reported as amended by House Financial Services Committee on September 1, 2026
- Placed on House Union Calendar (Calendar No. 688) on September 1, 2026
- Committee approved amended version by 28-23 vote on June 30, 2026
- Originally introduced in House on September 16, 2025
Legislative History
Actions.
- Sep 1, 2026 — Placed on the Union Calendar, Calendar No. 688.
- Sep 1, 2026 — Reported (Amended) by the Committee on Financial Services. H. Rept. 119-788.
- Jun 30, 2026 — Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.
- Jun 30, 2026 — Committee Consideration and Mark-up Session Held
- Sep 16, 2025 — Referred to the House Committee on Financial Services.
- Sep 16, 2025 — Introduced in House
- Sep 16, 2025 — Introduced in House