H.R. 2547 · 117th Congress · House

Comprehensive Debt Collection Improvement Act

In Congress· Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Apr 15, 21
Passed House
May 13, 21
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Comprehensive Debt Collection Improvement Act

This bill generally provides additional financial protections for consumers and places restrictions on debt collection activities.

Regarding additional consumer protections, the bill

  • expands certain protections currently applicable to federally backed student loans to private student loans, including by requiring the discharge of a private student loan in the event of the borrower's death or total and permanent disability;
  • prohibits a consumer reporting agency from adding any information related to a debt arising from a medically necessary procedure to a consumer credit report and places restrictions on the reporting of other types of medical debt; and
  • applies certain consumer protections regarding debt collection to debt owed to a federal agency, states, debt buyers, and businesses engaged in nonjudicial foreclosures.

It also prohibits certain loan conditions that limit a borrower's opportunity to be heard in court in the event of default.

Additionally, the bill restricts debt collectors and debt collection practices by

  • prohibiting a debt collector from representing to a service member that failure to cooperate with a debt collector will result in a reduction of rank or similar action,
  • limiting a debt collector's electronic communications with a debtor without the debtor's permission, and
  • requiring a debt collector to provide advance notice to a consumer of the intent to take legal action to collect a debt.

The Government Accountability Office must report on the impact of debt collection on service members and on the use of debt collectors by federal and state agencies.

Previous Versions

07Apr 30, 2021

Comprehensive Debt Collection Improvement Act

This bill generally provides additional financial protections for consumers and places restrictions on debt collection activities.

Regarding additional consumer protections, the bill

  • expands certain protections currently applicable to federally backed student loans to private student loans, including by requiring the discharge of a private student loan in the event of the borrower's death or total and permanent disability;
  • prohibits a consumer reporting agency from adding any information related to a debt arising from a medically necessary procedure to a consumer credit report and places restrictions on the reporting of other types of medical debt; and
  • applies certain consumer protections regarding debt collection to debt owed to a federal agency, states, debt buyers, and businesses engaged in nonjudicial foreclosures.

It also prohibits certain loan conditions that limit a borrower's opportunity to be heard in court in the event of default.

Additionally, the bill restricts debt collectors and debt collection practices by

  • prohibiting a debt collector from representing to a service member that failure to cooperate with a debt collector will result in a reduction of rank or similar action, and
  • limiting a debt collector's electronic communications with a debtor without the debtor's permission.
00Apr 15, 2021

Comprehensive Debt Collection Improvement Act

This bill generally provides additional financial protections for consumers and places restrictions on debt collection activities.

Regarding additional consumer protections, the bill

  • expands certain protections currently applicable to federally backed student loans to private student loans, including by requiring the discharge of a private student loan in the event of the borrower's death or total and permanent disability;
  • prohibits a consumer reporting agency from adding any information related to a debt arising from a medically necessary procedure to a consumer credit report and places restrictions on the reporting of other types of medical debt; and
  • applies certain consumer protections regarding debt collection to debt owed to a federal agency, states, debt buyers, and businesses engaged in nonjudicial foreclosures.

It also prohibits certain loan conditions that limit a borrower's opportunity to be heard in court in the event of default.

Additionally, the bill restricts debt collectors and debt collection practices by

  • prohibiting a debt collector from representing to a service member that failure to cooperate with a debt collector will result in a reduction of rank or similar action, and
  • limiting a debt collector's electronic communications with a debtor without the debtor's permission.

Action Timeline

27
  1. MAY 17, 2021•IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  2. MAY 13, 2021•Floor

    Considered under the provisions of rule H. Res. 380. (consideration

    CR H2276-2295; text: CR H2276-2279)

    2276Yea
    2295Nay
    0NV
  3. MAY 13, 2021•Floor

    Rule provides for consideration of H.R

    2547 and H.R. 1065. Measure will be considered read. Specified amendments are in order. The previous question on each measure is considered ordered without intervening motions except one hour of debate and a motion to recommit. H. Res. 379 is adopted.

  4. MAY 13, 2021•Floor

    DEBATE - The House proceeded with one hour of debate on H.R. 2547.

  5. MAY 13, 2021•Floor

    DEBATE - Pursuant to the provisions of H

    Res. 380, the House proceeded with 20 minutes of debate on the Waters amendment en bloc No. 1.

  6. MAY 13, 2021•Floor

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment en bloc No. 1, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mrs. Wagner demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.

  7. MAY 13, 2021•Floor

    DEBATE - Pursuant to the provisions of H

    Res. 380, the House proceeded with 20 minutes of debate on the Waters amendment en bloc No. 2.

  8. MAY 13, 2021•Floor

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment en bloc No. 2, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mrs. Wagner demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.

  9. MAY 13, 2021•Floor

    DEBATE - Pursuant to the provisions of H

    Res. 380, the House proceeded with 10 minutes of debate on the Wagner amendment No. 9.

  10. MAY 13, 2021•Floor

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Wagner amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mrs. Wagner demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.

  11. MAY 13, 2021•Floor

    Motion to reconsider laid on the table

    Agreed to without objection.

  12. MAY 13, 2021•Floor

    Motion to reconsider laid on the table

    Agreed to without objection.

  13. MAY 13, 2021•Floor

    Motion to reconsider laid on the table

    Agreed to without objection.

  14. MAY 13, 2021•Floor

    The previous question was ordered pursuant to the rule.

  15. MAY 13, 2021•Floor

    Passed/agreed to in House

    Roll Call #141

    On passage Passed by the Yeas and Nays: 215 - 207 (Roll no. 141).

    215Yea
    207Nay
    0NV
  16. MAY 13, 2021•Floor

    On passage Passed by the Yeas and Nays

    Roll Call #141

    215 - 207 (Roll no. 141).

    215Yea
    207Nay
    0NV
  17. MAY 13, 2021•Floor

    Motion to reconsider laid on the table Agreed to without objection.

  18. MAY 11, 2021•Floor

    Rules Committee Resolution H

    Res. 380 Reported to House. Rule provides for consideration of H.R. 2547 and H.R. 1065. Measure will be considered read. Specified amendments are in order. The previous question on each measure is considered ordered without intervening motions except one hour of debate and a motion to recommit. H. Res. 379 is adopted.

  19. APR 30, 2021•Committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-23.

    117Yea
    23Nay
    0NV
  20. APR 30, 2021•Committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-23.

    117Yea
    23Nay
    0NV
  21. APR 30, 2021•Calendars

    Placed on the Union Calendar, Calendar No. 10.

  22. APR 21, 2021•Committee

    Committee Consideration and Mark-up Session Held.

  23. APR 21, 2021•Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 23.

    30Yea
    23Nay
    0NV
  24. APR 20, 2021•Committee

    Committee Consideration and Mark-up Session Held.

  25. APR 15, 2021•IntroReferral

    Introduced in House

  26. APR 15, 2021•IntroReferral

    Introduced in House

  27. APR 15, 2021•IntroReferral

    Referred to the House Committee on Financial Services.

Committees

5

Banking, Housing, and Urban Affairs Committee

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Referred: May 17, 2021

Active

Financial Services Committee

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Referred: Apr 30, 2021

Active

Financial Services Committee

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Referred: Apr 21, 2021

Active

Financial Services Committee

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Referred: Apr 20, 2021

Active

Financial Services Committee

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Referred: Apr 15, 2021

Active