Summary: H.R.4480 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.4480. Bill summaries are authored by CRS.

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Introduced in House (09/24/2019)

Small Business Credit Protection Act of 2019

This bill establishes requirements related to breaches of data belonging to small businesses.

Specifically, a consumer reporting agency must promptly report any breach of nonpublic small business data. In the event of a breach, a consumer reporting agency may not charge a small business for a credit report. Additionally, the Government Accountability Office must report on the economic harm to small businesses resulting from data breaches at consumer reporting agencies.