H.R. 2622 · 108th Congress · enacted

Fair and Accurate Credit Transactions Act of 2003

Became Public Law No: 108-159.

Latest official action 2003-12-04 · Enacted

The bill, briefly

Fair and Accurate Credit Transactions Act of 2003 - (Sec. 3) Requires the Board of Governors of the Federal Reserve System (Board) and the Federal Trade Commission (FTC) to jointly prescribe final regulations that establish effective dates for this Act before the end of the two-month period beginning on the date of the enactment of this Act. States that in no case shall the effective date be later than ten months after the date of issuance of such regulations in final form. Title I: Identity Theft Prevention and Credit History Restoration - Subtitle A: Identity Theft Prevention - (Sec.111) Amends the Fair Credit Reporting Act (FCRA) to define active duty military consumer as a consumer in military service who: (1) is on active duty or is a reservist performing duty under a call or order to active duty; and (2) is assigned to service away from the consumer's usual duty station. Defines fraud alert and active duty alert as a statement in the consumer's file that: (1) notifies all prospective users of a consumer report that the consumer may be a victim of fraud, including identity theft, or is an active duty military consumer, as applicable; and (2) is presented in a manner that facilitates a clear and conspicuous view of the statement by any person requesting such report. Defines identity theft report as one: (1) that alleges an identity theft; (2) that is filed by a consumer wit…

Official bill, text and votes Full source record and risk review

Congressional Research Service · 2003-12-04

Who reported lobbying on this bill?

Amount spent specifically on this bill: not disclosed

The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.

No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.

2,409 latest lobbying reports imported. Some source imports are still in progress.

Politicians behind the bill

Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.

Cosponsor

Pete Sessions

House · TX District 17 · Republican

$551,944PAC receipts · 2025–2026

Cosponsor

Frank D. Lucas

House · OK District 3 · Republican

$722,374PAC receipts · 2025–2026

Cosponsor

Shelley Moore Capito

Senate · WV · Republican

$1,950,210PAC receipts · 2025–2026

Cosponsor

Adam Smith

House · WA District 9 · Democratic

$622,700PAC receipts · 2025–2026

Cosponsor

Robert B. Aderholt

House · AL District 4 · Republican

$510,272PAC receipts · 2025–2026

58 of 58 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.

PAC donors to the listed sponsors

These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.

AMERICAN BANKERS ASSOCIATION PAC (BANKPAC)$40,000

Pete Sessions · Cosponsor · $7,500

Frank D. Lucas · Cosponsor · $10,000

Shelley Moore Capito · Cosponsor · $10,000

Adam Smith · Cosponsor · $2,500

Robert B. Aderholt · Cosponsor · $10,000

The bill, briefly

Who reported lobbying on this bill?

Politicians behind the bill

Pete Sessions

Frank D. Lucas

Shelley Moore Capito

Adam Smith

Robert B. Aderholt

PAC donors to the listed sponsors

What happened after enactment?