Plain English
GovGreed Synthesis ·
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.
Market Impact Map
Action Timeline
2025-03-06
Referred to the House Committee on Financial Services.
2025-03-06
Introduced in House
2025-03-06
Introduced in House
Full Bill Text
119 HJ 74 IH: 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)”. U.S. House of Representatives 2025-03-06 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IA 119th CONGRESS 1st Session H. J. RES. 74 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) . That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) (90 Fed. Reg. 3276 (January 14, 2025)), and such rule shall have no force or effect.
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