H.R. 5330 · 116th Congress
Consumer Protection for Medical Debt Collections Act
- Stage
- Reported from committee
- Sponsor
- Rashida Tlaib
- Introduced
- 2019-12-05
- Latest action
- 2020-12-15 · Reported (Amended) by the Committee on Financial Services. H. Rept. 116-653.
Summary
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.