SJRES 36 · in committee · major
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)".
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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)".
- economy
What this bill does
- This resolution blocks a Consumer Financial Protection Bureau rule that would prohibit medical debt from appearing on credit reports.
- The rule affects credit reporting agencies, creditors, and consumers with medical debt.
- The resolution uses congressional disapproval procedures to nullify the rule effective immediately.
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Community Threads
Started by Cosponsor
- 01
How might removing medical debt from credit reports affect borrowers' ability to access loans and credit in the future?
- 02
What arguments support keeping medical debt on credit reports that the disapproval resolution relies upon?
- 03
Which groups—creditors, credit agencies, or consumers with medical debt—would be most affected if this rule is blocked?
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Sponsor · R-SD
Mike Rounds
Citizen cosponsors
0
In Congress
5/ 100
Senators cosponsoring
Introduced 2025-03-11
Joining the bill
Legislative timeline
2025-03-11 · senate · IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-03-11 · IntroReferral
Introduced in Senate
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