Debt Collection
US Congress 116th Congress
Debt Collection Practices Harmonization Act [HB-3948]
[Consumer Protection ]
[Inflation ]
[Disaster Relief ]
[Funding ]
Applies certain consumer protections regarding debt collection to debt owed to a state. It also specifies that existing limits on civil damages awarded for abusive practices by a debt collector must be adjusted for inflation. A court may award injunctive relief for certain debt collection violations. The Department of the Treasury may not contract with any debt collector or other private party to recoup overpayments of certain disaster assistance made to an individual or household by the Federal Emergency Management Agency (FEMA), except in cases
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Sponsored by: Rep. Gregory Meeks
Reported (amended) By The Committee On Financial Services. H. Rept. 116-658. on 12/16/2020
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Stop Debt Collection Abuse Act of 2019 [HB-4403]
[Consumer Protection ]
[Finance ]
Applies certain consumer protections regarding debt collection to debt owed to a federal agency and to debt buyers. A federal agency that is a creditor may not sell or transfer a debt to a debt collector until 90 days after the obligation becomes delinquent or defaults. Specified notice to the consumer of such a sale or transfer is required. A collector of debt owed to a federal agency may not collect any interest, fee, charge, or expense that is (1) unreasonable in relation to actual costs, (2) not authorized by a contract between the debt collector
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Sponsored by: Rep. Emanuel Cleaver
Reported (amended) By The Committee On Financial Services. H. Rept. 116-654. on 12/15/2020
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Stop Debt Collection Abuse Act of 2019 [S.2516]
[Consumer Protection ]
[Finance ]
Applies certain consumer protections regarding debt collection to debt owed to a federal agency and to debt buyers. A federal agency that is a creditor may not sell or transfer a debt to a debt collector until 90 days after the obligation arises. Specified notice to the consumer of such a sale or transfer is required. A collector of debt owed to a federal agency may not collect any interest, fee, charge, or expense that is (1) unreasonable in relation to actual costs, (2) not authorized by a contract between the debt collector and the federal agency,
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Sponsored by: Sen. Mike Lee
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 09/19/2019
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VA Overpayment Accountability Act [HB-4360]
[Veterans ]
[Technology and Innovation ]
[Consumer Protection ]
[Cybersecurity ]
[Data Privacy ]
[Funding ]
[Grants ]
[Public Safety ]
(Sec. 2) prescribes procedures by which the Department of Veterans Affairs (VA) and debt collectors shall correct errors submitted to consumer reporting agencies about the indebtedness of certain veterans. Specifically, the bill requires these corrections for veterans who are indebted due to participation in a VA benefits program. (Sec. 3) The bill also requires the VA to update its information technology for the processing of VA benefits. (Sec. 4) Lastly, the bill requires the VA to self-audit to determine the frequency by which overpayments are
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Sponsored by: Rep. French Hill
Received In The Senate And Read Twice And Referred To The Committee On Veterans' Affairs. on 11/13/2019
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US Congress 116th Congress
Credit Access and Inclusion Act of 2019 [HB-4231]
[Consumer Protection ]
[Housing ]
[Telecommunications ]
[Energy ]
[Data Privacy ]
Allows for the reporting of certain positive consumer-credit information to consumer reporting agencies. Specifically, a person or the Department of Housing and Urban Development may report information related to a consumer's performance in making payments either under a lease agreement for a dwelling or pursuant to a contract for a utility or telecommunications service. However, information about a consumer's usage of any utility or telecommunications service may be reported only to the extent that the information relates to payment by the consumer
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Sponsored by: Rep. Vicente Gonzalez
Introduced In House on 09/06/2019
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ISA Student Protection Act of 2019 [S.2114]
[Student Loans ]
[Consumer Protection ]
[Education ]
[Taxes ]
[Finance ]
Provides for income-share agreements whereby a student agrees to pay a percentage of future income, for a specified period of time, in exchange for funds to pay for educational expenses. The bill places caps on the percentage of a student's future income that may go towards repayment, provides income minimums under which the required payment is zero, and establishes limitations on the length of these agreements. The bill provides for the treatment of these agreements under various laws, including tax, securities, and consumer finance laws.
Sponsored by: Sen. Mark Warner
Read Twice And Referred To The Committee On Finance. on 07/15/2019
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Student Loan Debt Relief Act of 2019 [HB-3887]
[Student Loans ]
[Education ]
Establishes programs to cancel certain student loan debt and refinance student loans. First, the bill requires the Department of Education (ED) to automatically discharge (i.e., repay or cancel) up to $50,000 of outstanding student loan debt for each qualified borrower. Borrowers with an adjusted gross income of $100,000 or less, based on the most recent tax year, may receive the maximum loan cancellation. Borrowers with an adjusted gross income above $100,000 may receive partial loan cancellation. Members of Congress are not eligible to receive
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Sponsored by: Rep. Janice Schakowsky
Referred To The Subcommittee On Antitrust, Commercial, And Administrative Law. on 08/12/2019
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Chronic Kidney Disease Improvement in Research and Treatment Act [HB-3912]
[Healthcare ]
[Medicare and Medicaid ]
[Science ]
[Public Health ]
Expands, establishes, and otherwise modifies requirements under Medicare and other health care programs relating to individuals with end-stage renal disease (ESRD). Among other things, the bill expands the scope of the National Health Service Corps to specifically include kidney disease specialists, modifies payments under the Medicare ESRD program to exclude certain adjustment factors (e.g., comorbidities), authorizes incentive payments for renal dialysis facilities that exceed performance standards under the Medicare ESRD program, and expands
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Sponsored by: Rep. Barbara Lee
Referred To The Subcommittee On Health. on 07/24/2019
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Student Loan Reform Act [HB-3786]
[Student Loans ]
[Education ]
To amend the Higher Education Act of 1965 to direct the Secretary of Education to carry out a program under which an institution of higher education may elect to cosign Federal student loans made to students attending the institution, and for other purposes.
Sponsored by: Rep. Tom Cole
Introduced In House on 07/16/2019
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A bill to prohibit the Export-Import Bank of the United States from providing financing to persons with seriously delinquent tax debt. [S.2222]
[Taxes ]
[Finance ]
[Trade ]
[Small Business ]
Prohibits the Export-Import Bank from providing financing to a person with seriously delinquent tax debt or for a project in which any participant has seriously delinquent tax debt.
Sponsored by: Sen. John Kennedy
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 07/23/2019
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Restoring Unfairly Impaired Credit and Protecting Consumers Act [HB-3622]
[Consumer Protection ]
[Data Privacy ]
[Finance ]
[Healthcare ]
[Medicare and Medicaid ]
[Senior Citizens ]
Revises requirements regarding consumer credit information included by a consumer reporting agency on a credit report, including by requiring removal of adverse information that resulted from specified fraudulent lending activity, shortening the time period adverse information stays on reports, and limiting the inclusion of certain medical debt on reports. The bill also requires a consumer reporting agency to provide free credit monitoring and identity theft protection services to certain consumers, including victims of fraud, active duty military,
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Sponsored by: Rep. Rashida Tlaib
Reported (amended) By The Committee On Financial Services. H. Rept. 116-362. on 12/23/2019
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Comprehensive CREDIT Act of 2020 Comprehensive Credit Reporting Enhancement, Disclosure, Innovation, and Transparency Act of 2020 [HB-3621]
[Consumer Protection ]
[Data Privacy ]
[Housing ]
[Cybersecurity ]
[Technology and Innovation ]
[Student Loans ]
[Military ]
[Senior Citizens ]
[Veterans ]
[Labor, Jobs, Employment ]
[National Security ]
[Public Health ]
Provides for additional consumer credit protections, sets forth requirements for credit reporting agencies, and prohibits the inclusion of specified information on credit reports. TITLE I—IMPROVEMENTS TO THE DISPUTE PROCESS The dispute process for consumers challenging information contained on their credit report is revised for challenges (1) through the credit reporting agency, and (2) through the furnisher of credit information. Credit reporting agencies must disclose to consumers how to dispute this information. If a credit report is revised
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Sponsored by: Rep. Alexandria Ocasio-Cortez
Received In The Senate. on 01/30/2020
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Julia Carson Responsible Fatherhood and Healthy Families Act of 2019 [HB-3507]
[Family-Related Legislation ]
[Social Security ]
[Children and Youth ]
[Human Services ]
[Poverty ]
To amend title IV of the Social Security Act to ensure funding for grants to promote responsible fatherhood and strengthen low-income families, and for other purposes.
Sponsored by: Rep. Danny Davis
Referred To The Subcommittee On Nutrition, Oversight, And Department Operations. on 07/19/2019
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PROTECT Students Act of 2019 Preventing Risky Operations from Threatening the Education and Career Trajectories of Students Act of 2019 [HB-3512]
[Student Loans ]
[Education ]
[Veterans ]
[Military ]
[Consumer Protection ]
[Funding ]
Provides additional oversight of postsecondary education programs, including for-profit institutions of higher education (IHEs), and addresses protections for students and student loan borrowers from fraudulent or predatory practices. The bill sets forth a variety of provisions concerning oversight of for-profit IHEs. Specifically, the bill decreases the cap on the amount of revenue for-profit IHEs may receive from federal sources, including funds from the Department of Veterans Affairs and the Department of Defense. In addition, it establishes
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Sponsored by: Rep. James McGovern
Referred To The Subcommittee On Crime, Terrorism, And Homeland Security. on 07/30/2019
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PRO Students Act Protections and Regulation for Our Students Act [HB-3487]
[Education ]
[Student Loans ]
[Consumer Protection ]
[Funding ]
Increases oversight of postsecondary educational institutions and provides consumer protections for students. Proprietary (i.e., for-profit) institutions of higher education (IHEs) must derive at least 15% of their revenue from non-federal sources or risk becoming ineligible for federal educational assistance funds. Postsecondary educational institutions must meet certain requirements regarding entrance counseling for first-time borrowers, disclosure of clinical training agreement terms, disclosure of a mandatory program review, and preparation
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Sponsored by: Rep. Steve Cohen
Introduced In House on 06/25/2019
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Credit Access and Inclusion Act of 2019 [S.1828]
[Consumer Protection ]
[Housing ]
[Telecommunications ]
[Energy ]
[Data Privacy ]
Allows for the reporting of certain positive consumer-credit information to consumer reporting agencies. Specifically, a person or the Department of Housing and Urban Development may report information related to a consumer's performance in making payments either under a lease agreement for a dwelling or pursuant to a contract for a utility or telecommunications service. However, information about a consumer's usage of any utility or telecommunications service may be reported only to the extent that the information relates to payment by the consumer
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Sponsored by: Sen. Angus King
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 06/13/2019
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Taxpayer First Act [HB-3151]
[Taxes ]
[Technology and Innovation ]
[Cybersecurity ]
[Budget and Spending ]
[Data Privacy ]
[Funding ]
[Law Enforcement ]
[Crime ]
Revises provisions relating to the Internal Revenue Service (IRS), its customer service, enforcement procedures, cybersecurity and identity protection, management of information technology, and use of electronic systems. TITLE I--PUTTING TAXPAYERS FIRST Subtitle A--Independent Appeals Process (Sec, 1001) This subtitle establishes the Internal Revenue Service Independent Office of Appeals headed by a Chief of Appeals. The purpose of this office is to resolve federal tax controversies without litigation on a basis that is fair and impartial, promote
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Sponsored by: Rep. Eleanor Norton
Became Public Law No: 116-25. on 07/02/2019
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Student Loan Borrowers’ Bill of Rights Act of 2019 [HB-3027]
[Student Loans ]
[Social Security ]
[Taxes ]
[Education ]
[Pensions ]
[Retirement ]
Permits a borrower to discharge a student loan in a bankruptcy case and establishes requirements concerning (1) student loan debt collection, (2) student loan forgiveness, (3) options for student loan payments, (4) the exclusion of discharged student loan debt from an individual's gross income, and (5) loan defaults. Specifically, the bill allows federal or private student loans to be discharged in bankruptcy cases and reinstates the six-year statute of limitations for certain student loans. The Department of Education must cancel 50% of the balance
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Sponsored by: Rep. Frederica Wilson
Introduced In House on 05/24/2019
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Protection of Social Security Benefits Restoration Act [HB-2991]
[Social Security ]
[Senior Citizens ]
[Budget and Spending ]
Prohibits the application of, and repeals authority for, administrative offsets to Social Security, railroad retirement, and black lung benefits. An administrative offset is the withholding of funds payable by or held by the United States to satisfy a debt.
Sponsored by: Rep. Raul Grijalva
Introduced In House on 05/23/2019
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Protection of Social Security Benefits Restoration Act [S.1649]
[Social Security ]
[Pensions ]
[Retirement ]
A bill to restore protections for Social Security, Railroad retirement, and Black Lung benefits from administrative offset.
Sponsored by: Sen. Ron Wyden
Read Twice And Referred To The Committee On Finance. on 05/23/2019