I was sure someone must have posted this already, but I don't see anything in the credit forum -- so here ya go.
If hell freezes over and this makes it through the wringer,
as the line in the old Baptist Hymnal says,
"What a day of rejoicing that will beeeeee..."
I jacked this article from The ARMpit: https://drive.google.com/file/d/0B6yZJOy4oCDROTF4WWYtRFZXM1E/edit?usp=sharing
And here's the Washington Post's coverage: http://www.washingtonpost.com/news/business/wp/2014/09/09/rep-maxine-waters-proposes-sweeping-changes-to-credit-reporting-law/