0
0
0
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)".
3/7/2025, 9:35 AM
Summary of Bill HJRES 74
Bill 119 hjres 74, also known as the 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)", is a piece of legislation that aims to overturn a rule proposed by the Bureau of Consumer Financial Protection regarding the handling of medical information by creditors and consumer reporting agencies.
The rule in question, known as Regulation V, prohibits creditors and consumer reporting agencies from including certain medical information in credit reports. This information includes details about medical debts and payment history, which can have a significant impact on an individual's credit score and financial well-being.
Supporters of the bill argue that the inclusion of medical information in credit reports can unfairly penalize individuals who have experienced medical emergencies or unexpected health issues. They believe that this rule is necessary to protect consumers from discrimination based on their medical history. Opponents of the bill, on the other hand, argue that the rule is an overreach of government regulation and could potentially harm the financial industry. They believe that creditors and consumer reporting agencies should have the ability to consider all relevant information when assessing an individual's creditworthiness. Overall, Bill 119 hjres 74 is a contentious piece of legislation that highlights the ongoing debate over the role of government regulation in the financial industry and the protection of consumer rights.
The rule in question, known as Regulation V, prohibits creditors and consumer reporting agencies from including certain medical information in credit reports. This information includes details about medical debts and payment history, which can have a significant impact on an individual's credit score and financial well-being.
Supporters of the bill argue that the inclusion of medical information in credit reports can unfairly penalize individuals who have experienced medical emergencies or unexpected health issues. They believe that this rule is necessary to protect consumers from discrimination based on their medical history. Opponents of the bill, on the other hand, argue that the rule is an overreach of government regulation and could potentially harm the financial industry. They believe that creditors and consumer reporting agencies should have the ability to consider all relevant information when assessing an individual's creditworthiness. Overall, Bill 119 hjres 74 is a contentious piece of legislation that highlights the ongoing debate over the role of government regulation in the financial industry and the protection of consumer rights.
Congressional Summary of HJRES 74
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.
Current Status of Bill HJRES 74
Bill HJRES 74 is currently in the status of Bill Introduced since March 6, 2025. Bill HJRES 74 was introduced during Congress 119 and was introduced to the House on March 6, 2025. Bill HJRES 74's most recent activity was Referred to the House Committee on Financial Services. as of March 6, 2025
Bipartisan Support of Bill HJRES 74
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
13Democrat Cosponsors
0Republican Cosponsors
13Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HJRES 74
Primary Policy Focus
Alternate Title(s) of Bill HJRES 74
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)".
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)".
Comments
Sponsors and Cosponsors of HJRES 74
Latest Bills
TRAPS Act
Bill HR 4936September 18, 2026
Apples to Apples Comparison Act of 2025
Bill HR 4093September 18, 2026
American Lending Fairness Act of 2026
Bill HR 7866September 18, 2026
Civil Investigative Demand Reform Act of 2025
Bill HR 1653September 18, 2026
American Reserve Modernization Act of 2026
Bill HR 8957September 18, 2026
Preventive Health Savings Act
Bill HR 4464September 18, 2026
PEARL Act
Bill HR 9327September 18, 2026
Medically Tailored Home-Delivered Meals Program Pilot Act
Bill HR 5439September 18, 2026
To designate the facility of the United States Postal Service located at 117 West Lovett Street in Charlotte, Michigan, as the "Francis C. Flaherty Post Office Building".
Bill HR 9570September 18, 2026
To designate the facility of the United States Postal Service located at 1019 Avenue H in Fort Madison, Iowa, as the "Martin L. Graber Post Office".
Bill HR 4707September 18, 2026





