Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 4403
116th Congress(2019-2020)
Stop Debt Collection Abuse Act of 2019
Introduced
Introduced
Introduced in House on Sep 19, 2019
Overview
Text
Introduced
Sep 19, 2019
Latest Action
Dec 15, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4403
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Democrat
Emanuel Cleaver
Missouri
Republican
French Hill
Arkansas
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Stop Debt Collection Abuse Act of 2019

This bill applies certain consumer protections regarding debt collection to debt owed to a federal agency and to debt buyers.

A federal agency that is a creditor may not sell or transfer a debt to a debt collector until 90 days after the obligation becomes delinquent or defaults. Specified notice to the consumer of such a sale or transfer is required.

A collector of debt owed to a federal agency may not collect any interest, fee, charge, or expense that is (1) unreasonable in relation to actual costs, (2) not authorized by a contract between the debt collector and the federal agency, or (3) greater than 10% of the amount collected.

The Government Accountability Office must report on the use of debt collectors by federal, state, and local government agencies.

Text (2)
Reported in House
December 15, 2020
Introduced in House
September 19, 2019
Related Bills (1)
Sep 19, 2019
Introduced in Senate
2
Sponsorship
Senate Bill 2516
Stop Debt Collection Abuse Act of 2019
Introduced
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Actions (7)
12/15/2020
Placed on the Union Calendar, Calendar No. 538.
12/15/2020
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-654.
11/14/2019
Ordered to be Reported (Amended) by the Yeas and Nays: 54 - 0.
11/14/2019
Committee Consideration and Mark-up Session Held.
11/13/2019
Committee Consideration and Mark-up Session Held.
09/19/2019
Referred to the House Committee on Financial Services.
09/19/2019
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:44:06 PM
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