3.0.0 2592 2023-01-11T13:31:58Z 2023-01-11T13:31:58Z Senate S 2016-02-25 114 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2016-02-25T18:48:03Z Medical Debt Relief Act of 2015 114 2362 HR 2015-05-15 Referred to the House Committee on Financial Services. Identical bill CRS Related bill CRS 2016-02-25 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2016-02-25 Introduced in Senate IntroReferral 10000 9 Library of Congress M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR N D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2016-02-25 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2016-02-25 True M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2016-02-25 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2016-02-25 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2016-04-04 False F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2016-04-05 False Finance and Financial Sector Consumer affairs Consumer credit Debt collection Health care costs and insurance Finance and Financial Sector 00 2016-02-25 Introduced in Senate 2016-03-10T22:28:53Z Medical Debt Act of 2016

This bill amends the Fair Credit Reporting Act to prohibit a consumer reporting agency from making any consumer report containing information related to: (1) a medical debt (arising from the receipt of medical services, products, or devises) if the date on which the debt was placed for collection, charged to profit or loss, or any similar action antedates the report by less than 180 days, or (2) a fully paid or settled medical debt that had been characterized as delinquent, charged off, or in collection which, from the date of payment or settlement, antedates the report by more than 45 days.

The bill also amends the Fair Debt Collection Practices Act to require a debt collector, before informing a consumer reporting agency regarding a medical debt, to notify the consumer in writing that: (1) the debt collector could report the debt to a consumer reporting agency 180 days after the notification is sent, specifying the precise end date of the period; (2) the debt will not be reported if it is settled or paid during the 180-day period; and (3) the consumer may, during the 180-day period, either communicate with an insurance company to determine coverage for the debt or apply for financial assistance.

The debt collector may not communicate with or report any information to a consumer reporting agency concerning such a debt during the 180-day period.

]]> Medical Debt Relief Act of 2016 Display Title Medical Debt Relief Act of 2016 Official Title as Introduced A bill to amend the Fair Credit Reporting Act by instituting a 180-day waiting period before medical debt will be reported on a consumer's credit report and removing paid-off and settled medical debts from credit reports that have been fully paid or settled, to amend the Fair Debt Collection Practices Act by providing for a timetable for verification of medical debt and to increase the efficiency of credit markets with more perfect information, and for other purposes. Introduced in Senate IS Short Titles as Introduced Medical Debt Relief Act of 2016 Introduced in Senate 2016-02-25T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s2592is/xml/BILLS-114s2592is.xml 2016-02-25 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.