Proposed
Bill · 119th Congress · HR 5775
FCRA Liability Harmonization Act
Refreshed 3 h ago
Introduced 2025-10-17Topic: civil rights · economy jobs · technology privacySummary
Summary by the Congressional Research ServiceFCRA Liability Harmonization Act This bill limits the amount of damages and costs consumer credit reporting agencies must pay for violations of the Fair Credit Reporting Act (FCRA), which regulates the use of consumer information for credit reporting purposes. Under FCRA, consumer credit reporting agencies may be found civilly liable to consumers for willful or negligent noncompliance. The bill eliminates the ability of courts to award unlimited punitive damages to a consumer for a consumer credit reporting agency’s willful noncompliance with FCRA. Regarding a consumer credit reporting agency’s willful or negligent noncompliance with FCRA, the bill limits the amount that may be awarded to consumers for court costs, and in class action lawsuits, specifically by prohibiting the court from applying a minimum amount of damages for each class member and by limiting the total recovery amount of the class.
Sponsors
- Barry Loudermilk Republican sponsor
- 7 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-06-30 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 23. | refer |
| 2026-06-30 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-10-17 | House | Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2025-10-17 | House | Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | refer |
| 2025-10-17 | Introduced in House | introduce | |
| 2025-10-17 | Introduced in House | introduce |