To amend the Fair Debt Collection Practices Act to provide a timetable for verification of medical debt and to increase the efficiency of credit markets with more perfect information, to prohibit consumer reporting agencies from issuing consumer reports containing information about debts related to medically necessary procedure, about and for other purposes.
Consumer Protection for Medical Debt Collections Act
This bill restricts the inclusion of medical debt on a consumer credit report.
A consumer reporting agency is prohibited from including on a consumer credit report, and a person is prohibited from reporting to such agency (1) medical debt arising from a medically necessary procedure, or (2) other medical debt less than a year old.
A person reporting medical debt to a consumer reporting agency must first provide notice to that consumer regarding the restrictions on including medical debt on credit reports.
Furthermore, a debt collector is prohibited from collecting a medical debt less than two years old.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 24.
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-653.
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-653.
Placed on the Union Calendar, Calendar No. 537.
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