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Debt Bondage Repair Act
3/8/2023, 7:58 PM
Summary of Bill HR 2332
The Debt Bondage Repair Act, also known as Bill 117 hr 2332, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address the issue of debt bondage, which occurs when individuals are forced to work in order to pay off a debt that they cannot realistically repay.
The bill aims to provide protections for individuals who are trapped in debt bondage, including measures to prevent employers from exploiting workers in this situation. It also seeks to increase penalties for those who engage in debt bondage practices, in order to deter this form of modern slavery.
Additionally, the Debt Bondage Repair Act includes provisions for the establishment of a task force to investigate and prosecute cases of debt bondage, as well as to provide support and resources for victims of this crime. Overall, the goal of this legislation is to combat the practice of debt bondage and to ensure that individuals are not forced into exploitative working conditions in order to repay debts. It is an important step towards protecting the rights and dignity of all workers in the United States.
The bill aims to provide protections for individuals who are trapped in debt bondage, including measures to prevent employers from exploiting workers in this situation. It also seeks to increase penalties for those who engage in debt bondage practices, in order to deter this form of modern slavery.
Additionally, the Debt Bondage Repair Act includes provisions for the establishment of a task force to investigate and prosecute cases of debt bondage, as well as to provide support and resources for victims of this crime. Overall, the goal of this legislation is to combat the practice of debt bondage and to ensure that individuals are not forced into exploitative working conditions in order to repay debts. It is an important step towards protecting the rights and dignity of all workers in the United States.
Congressional Summary of HR 2332
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.
Read the Full Bill
Current Status of Bill HR 2332
Bill HR 2332 is currently in the status of Introduced to Senate since June 16, 2021. Bill HR 2332 was introduced during Congress 117 and was introduced to the House on April 1, 2021. Bill HR 2332's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of June 16, 2021
Bipartisan Support of Bill HR 2332
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
10Democrat Cosponsors
2Republican Cosponsors
8Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2332
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Administrative law and regulatory procedures
- Consumer Financial Protection Bureau
- Consumer credit
- Crime victims
- Human trafficking
- Sex offenses
- Smuggling and trafficking
Alternate Title(s) of Bill HR 2332
Debt Bondage Repair Act
Debt Bondage Repair Act
To prohibit consumer reporting agencies from furnishing a consumer report containing any adverse item of information about a consumer if such consumer is a victim of trafficking, and for other purposes.
Debt Bondage Repair Act
Debt Bondage Repair Act
Comments
Sponsors and Cosponsors of HR 2332
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