SCR 15: Urge Congress to review and evaluate credit reporting agencies
To urge the United States Congress to review and evaluate credit reporting agencies and how credit scores and credit ratings create economic inequities.
| Feb. 11, 2026 | Referred to committee: Financial Institutions, Insurance and Technology |
| Jan. 20, 2026 | Offered |
As Introduced
136th General Assembly
Regular Session
2025-2026
S. C. R. No. 15
Senator Ingram
A CONCURRENT RESOLUTION
To urge the United States Congress to review and evaluate
credit reporting agencies and how credit scores and
credit ratings create economic inequities.
BE IT RESOLVED BY THE SENATE OF THE STATE OF OHIO (THE HOUSE OF
REPRESENTATIVES CONCURRING):
WHEREAS, The National Consumer Law Center has reported that
credit scoring is a reflection of the racial economic divide and
wealth gap in this country, and its use also perpetuates that
same racial and economic inequality; and
WHEREAS, The use of credit reports and scores entrenches
and reinforces inequality by dictating a consumer's access to
future opportunities; and
WHEREAS, Credit history is used as a gatekeeper for
affordable credit and many other important necessities, such as
employment, housing (both rental and homeownership), and
insurance; and
WHEREAS, Lisa Rice and Deidre Swesnik state in the law
review article titled "Discriminatory Effects of Credit Scoring
on Communities of Color" that while it is illegal to evaluate
risk using protected class characteristics, credit-scoring
systems continue to have a significant disparate impact on
people of color and other underserved consumers because some
S. C. R. No. 15
As Introduced
Page 2
seemingly facially neutral factors actually have discriminatory effects; and
WHEREAS, Fixing our current credit-scoring system is not only a moral imperative consistent with our national policies and beliefs about fairness and justice, it is also a legal obligation as outlined by the Fair Housing Act and the Equal Credit Opportunity Act; and
WHEREAS, Credit scoring significantly affects a wide range of access issues, credit-scoring mechanisms need major improvements if not a complete overhaul; now therefore be it
RESOLVED, That we, the members of the 136th General Assembly of the State of Ohio, in adopting this resolution, urge Congress to examine the impact of credit-scoring mechanisms, especially as they relate to underserved groups, and to also analyze and correct the disparate impact of credit-scoring systems; and be it further
RESOLVED, That the Clerk of the Senate transmit duly authenticated copies of this resolution to the President of the United States, the President of the United States Senate, the Speaker of the United States House of Representatives, the members of the Ohio congressional delegation, the Governor of Ohio, and the news media of Ohio.