Senate Bill 2040
117th Congress(2021-2022)
Debt Bondage Repair Act
Introduced
Introduced in Senate on Jun 14, 2021
Origin Chamber
Senate
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
2040
Congress
117
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.
No Senate votes have been held for this bill.
Summary
Debt Bondage Repair Act
This bill prohibits a consumer reporting agency from reporting adverse credit information about a consumer that is the result of severe human trafficking or sex trafficking. A court of competent jurisdiction or a federal or state government entity must determine that the consumer is a victim of trafficking.
June 14, 2021
06/14/2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
06/14/2021
Introduced in Senate
Public Record
Record Updated
Mar 8, 2023 8:12:35 PM