Credit Access and Inclusion Act of 2023

This bill allows utility companies (like electricity, gas, and internet providers) and landlords to report payment history for essential services to credit bureaus, expanding credit reporting beyond traditional loans. It directly affects consumers who pay these bills regularly but may lack traditional credit history, potentially helping them build credit. Key provisions limit reporting to actual payment behavior (not usage data) and prevent utilities from reporting late payments if a consumer is on a valid payment plan. The bill also requires a government study to assess the impact of this reporting on consumers within two years.