HJRES 74

Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)".

Summary

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)  and published on January 14, 2025. This rule prohibits the inclusion of medical debt on credit reports and prohibits creditors from considering medical debt when making credit eligibility determinations. 

Bill status

Status
In committee
Sponsor
Rep. Ralph Norman [R-SC-5]
Cosponsors
13
Policy area
Finance and Financial Sector
Introduced
2025-03-06
Latest action
2025-03-06: Referred to the House Committee on Financial Services.

Committee referrals

Recent actions

  • 2025-03-06: Referred to the House Committee on Financial Services.
  • 2025-03-06: Introduced in House
  • 2025-03-06: Introduced in House