summary
Introduced
12/05/2019
12/05/2019
In Committee
12/11/2019
12/11/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
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. This bill modifies requirements related to the reporting of medical debt. Specifically, a consumer reporting agency may not add to a consumer credit report any information related to a debt arising from a medically necessary procedure. Also, a debt collector (1) must wait one year before reporting other medical debt to a consumer reporting agency, (2) must notify the consumer prior to reporting such medical debt, and (3) may not attempt to collect a medical debt before the end of the one-year period.
AI Summary
This bill, the Consumer Protection for Medical Debt Collections Act, modifies requirements related to the reporting of medical debt. Specifically, a consumer reporting agency may not add to a consumer credit report any information related to a debt arising from a medically necessary procedure. Additionally, a debt collector must wait one year before reporting other medical debt to a consumer reporting agency, must notify the consumer prior to reporting such medical debt, and may not attempt to collect a medical debt before the end of the one-year period. The bill also defines key terms such as "medical debt" and "medically necessary procedure."
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Placed on the Union Calendar, Calendar No. 537. (on 12/15/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
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