A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Bulletin 2015-07 re: in-person collection of consumer debt".
Consumer Debt: Rules for In-Person Debt Collection
This bill is currently in the early stages of the legislative process. It was introduced in the Senate and sent to the Committee on Banking, Housing, and Urban Affairs for review. There are no upcoming votes scheduled at this time.
Part of: story →Legislative Progress
Resolutions to overturn agency rules face a difficult path in a divided Congress and would likely require a two-thirds majority to overcome a potential veto.
Key Points
- This resolution aims to stop a new rule from the Consumer Financial Protection Bureau. The agency recently tried to cancel older guidelines that explain how debt collectors should behave when visiting people in person.
- If this resolution passes, the older 2015 guidelines would stay in effect. These rules were designed to protect consumers from harassment or unfair treatment when debt collectors show up at their homes or workplaces.
- This matters to anyone with unpaid medical bills, credit card debt, or loans. It ensures that the specific federal expectations for how collectors can interact with you in person remain active and enforceable.
- The resolution uses a special law called the Congressional Review Act. This allows Congress to vote to cancel specific rules made by government agencies if they disagree with the agency's direction.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Bulletin 2015-07 re: in-person collection of consumer debt".
Data Sources
Sponsor
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