Read theMandate

Homebuyers Privacy Protection Act › Section 4 › Proposal

The Comptroller General must study trigger leads received by text message

To amend the Fair Credit Reporting Act to prevent consumer reporting agencies from furnishing consumer reports under certain circumstances, and for other purposes, section 4, Sec. 4. Written by .

The Comptroller General must study trigger leads received by text message

The document says “shall”Who acts: Comptroller General of the United StatesHow: statuteSec. 4 in the PDF
What the document says

“The Comptroller General of the United States shall carry out a study on the value of trigger leads received by text message”

To amend the Fair Credit Reporting Act to prevent consumer reporting agencies from furnishing consumer reports under certain circumstances, and for other purposes, Sec. 4

Section 4(a) directs the Comptroller General of the United States to carry out a study on the value of trigger leads received by text message. The study has to include input from State regulatory agencies, mortgage lenders, depository institutions, consumer reporting agencies and consumers. The section takes the meaning of depository institution from section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813) and of consumer reporting agency from section 603 of the Fair Credit Reporting Act (15 U.S.C. 1681a).

What the document actually says

“The Comptroller General of the United States shall carry out a study on the value of trigger leads received by text message”

To amend the Fair Credit Reporting Act to prevent consumer reporting agencies from furnishing consumer reports under certain circumstances, and for other purposes, Sec. 4
That sentence, in plain words

The head of the GAO must study the worth of trigger leads sent by text.

What this is about

A trigger lead is a tip that you may want a loan. The study must ask states, lenders, banks, credit bureaus, and people what they think.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

Share this page
How to cite this
  1. The document itself

    Homebuyers Privacy Protection Act, Public Law 119-36, sec. 4, 139 Stat. 494 (2025).
    https://www.govinfo.gov/content/pkg/PLAW-119publ36/html/PLAW-119publ36.htm

  2. This page

    “The Comptroller General must study trigger leads received by text message,” Homebuyers Privacy Protection Act, section 4, Sec. 4. Read the Mandate, https://readthemandate.org/homebuyers-privacy-protection-act/proposal/sec04-study-on-trigger-leads-by-text/ (retrieved October 10, 2026).

Cite the document when the claim is about what the document says. Cite this page when the indexing, the wording or the record of what has happened is what is being relied on.

How to Read This Page

The quotation is the document's own words, exactly as printed, checked against the page number against the Act itself before publishing. The paragraph underneath is our summary, not the document's words. So is the plain English version, which is why it sits beside the quotation rather than replacing it.

All proposals in this section →