Bill Details

HJRES.74 - 119th Congress

Track 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)".? Stop tracking 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)".?

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AI Summary This summary was generated by AI from the bill text. AI can get information wrong.

This resolution would block a Consumer Financial Protection Bureau rule that limits how creditors and consumer reporting agencies can use medical information. In simple terms, the measure says Congress does not want that rule to take effect. If adopted, it would отмен? no, say it would cancel the rule and stop the new limits from being enforced.

  • It is a joint resolution introduced in the House of Representatives on March 6, 2025.
  • The resolution was sent to the House Committee on Financial Services for review.
  • Its purpose is to disapprove a CFPB rule about the use of medical information in credit and consumer reporting.

Official Summaries

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. 

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 74 Introduced in House (IH)]

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119th CONGRESS
  1st Session
H. J. RES. 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)''.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 6, 2025

 Mr. Norman (for himself, Mr. Barr, Mr. Donalds, Mr. Ogles, Mr. Flood, 
 Mr. Fitzgerald, Mrs. Wagner, Mr. Lucas, Mr. Huizenga, Mr. Loudermilk, 
Mr. Meuser, Mr. Williams of Texas, Mr. Downing, and Mr. Moore of North 
Carolina) submitted the following joint resolution; which was referred 
                 to the Committee on Financial Services

_______________________________________________________________________

                            JOINT RESOLUTION


 
  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)''.

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