summary
Introduced
10/11/2019
10/11/2019
In Committee
10/11/2019
10/11/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Consumer Financial Protection Act of 2010 to require the Director of the Bureau of Consumer Financial Protection to issue a quarterly report on debt collection complaints and enforcement actions, and to prohibit rules that would allow a debt collector to send unlimited email and text messages to a consumer. This bill prohibits the Consumer Financial Protection Bureau (CFPB) from issuing rules that allow a debt collector to send unlimited electronic communications to a consumer. Additionally, the CFPB must report on consumer complaints about debt collection and enforcement actions taken against debt collectors.
AI Summary
This bill, the Monitoring and Curbing Abusive Debt Collection Practices Act, amends the Consumer Financial Protection Act of 2010 in two key ways. First, it requires the Director of the Consumer Financial Protection Bureau (CFPB) to issue a quarterly report to Congress on consumer complaints related to debt collection and enforcement actions taken against debt collectors. Second, it prohibits the CFPB from issuing rules that would allow debt collectors to send unlimited email and text messages to consumers. The purpose of the bill is to increase transparency and oversight of debt collection practices and to protect consumers from potential abuse.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to the House Committee on Financial Services. (on 10/11/2019)
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/house-bill/4664/all-info |
| BillText | https://www.congress.gov/116/bills/hr4664/BILLS-116hr4664ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr4664/BILLS-116hr4664ih.pdf.pdf |
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