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HJRES 74 · in committee · significant

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)".

What this bill does

  • This resolution cancels a Consumer Financial Protection Bureau rule that blocks medical debt from credit reports.
  • The rule affects credit reporting agencies, creditors, and consumers with medical debt.
  • The cancellation takes effect immediately upon passage and reverses protections issued in January 2025.

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Community Threads

Started by Cosponsor

  1. 01

    How might removing the ban on medical debt reporting affect credit access and borrowing costs for consumers recovering from illness or injury?

  2. 02

    What evidence supports the argument that medical debt information improves credit risk assessment compared to other financial indicators?

  3. 03

    Which stakeholders—creditors, credit agencies, or consumers—would benefit most from reversing the medical debt reporting prohibition?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-SC-5

Ralph Norman

Citizen cosponsors

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In Congress

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House Reps cosponsoring

Introduced 2025-03-06

Joining the bill

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Legislative timeline

  1. 2025-03-06 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  2. 2025-03-06 · IntroReferral

    Introduced in House

  3. 2025-03-06 · IntroReferral

    Introduced in House

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