H.R. 8141 — Fair Credit Reporting Reseller Accuracy Act

This section establishes accuracy obligations for resellers of consumer reports (i.e., entities that procure reports from consumer reporting agencies for resale, as defined in section 603 of the Fair Credit Reporting Act). Specifically, it requires resellers to follow reasonable procedures to assure maximum possible accuracy of information—mirroring the accuracy standard for consumer reporting agencies under subsection (b)—before transmitting such information to an end user or another reseller; provides a limitation on liability for resellers that accurately communicate information obtained from a consumer reporting agency; and defines "reseller" by reference to section 603. (Thus, resellers receive a safe harbor from liability under the FCRA for accurate transmission of data sourced from consumer reporting agencies.)