Sec. 5. Study of a public credit reporting system
125 words·~1 min read·
/bill/113/s/2224/is/section-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 6 months after the date of enactment of this Act, the Comptroller General of the United States shall undertake a study— of credit systems in the international credit system with government-administered consumer credit reporting systems; of available information regarding the accuracy of existing government-administered consumer credit reporting systems; to evaluate the feasibility of a national, government-administered consumer credit reporting system; of any consumer benefits that might reasonably be expected to result from a government-administered consumer credit report; and of any costs that might result from a government-administered consumer credit reporting system in the United States.
Not later than 18 months after the date of enactment of this Act, the Comptroller General of the United States shall publish the findings under subsection (a).