II 118th CONGRESS 1st Session S. 1316 IN THE SENATE OF THE UNITED STATES April 26, 2023 Ms. Klobuchar (for herself, Mr. Cramer , Mr. Carper , and Mr. Daines ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To amend the Fair Credit Reporting Act to expand the definition of an active duty military consumer for purposes of certain credit monitoring requirements, and for other purposes.

1. Short title This Act may be cited as the Servicemembers’ Credit Monitoring Enhancement Act . 2. Credit monitoring (a) In general Section 605A(k) of the Fair Credit Reporting Act ( 15 U.S.C. 1681c–1(k) ) is amended— (1) by amending paragraph (1) to read as follows: (1) Definitions In this subsection: (A) Uniformed services The term uniformed services has the meaning given the term in section 101(a) of title 10, United States Code. (B) Uniformed services member consumer The term uniformed services member consumer means a consumer who, regardless of duty status, is— (i) a member of the uniformed services; or (ii) a spouse, or a dependent who is not less than 18 years old, of a member of the uniformed services. ; and (2) in paragraph (2)(A), by striking active duty military consumer and inserting uniformed services member consumer . (b) Regulations The Federal Trade Commission shall issue rules to carry out the amendments made by subsection (a). (c) Effective date The amendments made by subsection (a) shall take effect on the date that is 1 year after the date on which the Federal Trade Commission issues the final rule under subsection (b).