summary
Introduced
05/21/2019
05/21/2019
In Committee
05/21/2019
05/21/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to amend the Fair Credit Reporting Act to institute a 1-year waiting period before medical debt will be reported on a consumer's credit report and to remove paid-off and settled medical debts from credit reports that have been fully paid or settled, 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, and for other purposes. This bill modifies requirements related to the reporting of medical debt. Specifically, a consumer reporting agency may not add certain medical debt information to a consumer credit report. Also, a debt collector may not report certain medical debt information to a consumer reporting agency within a specified time period and must notify the consumer prior to reporting such medical debt.
AI Summary
This bill, the Medical Debt Relief Act of 2019, modifies requirements related to the reporting of medical debt. Specifically, it amends the Fair Credit Reporting Act to institute a 1-year waiting period before medical debt can be reported on a consumer's credit report, and to remove paid-off or settled medical debts from credit reports that have been fully paid or settled. It also amends 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 complete information.
Committee Categories
Housing and Urban Affairs
Sponsors (5)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 05/21/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/1581/all-info |
| BillText | https://www.congress.gov/116/bills/s1581/BILLS-116s1581is.pdf |
| Bill | https://www.congress.gov/116/bills/s1581/BILLS-116s1581is.pdf.pdf |
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