SJRES 36

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of 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
Sen. Mike Rounds [R-SD]
Cosponsors
5
Policy area
Finance and Financial Sector
Introduced
2025-03-11
Latest action
2025-03-11: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committee referrals

Recent actions

  • 2025-03-11: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2025-03-11: Introduced in Senate