PATCH Act

This bill would change the Fair Credit Reporting Act to define "medical debt" as debt from receiving medical services, products, or devices. It would bar consumer reports from including any negative information about medical debt, including medical debt sent to collections or charged off. Credit reporting agencies could still collect this information. Within one year, the Consumer Financial Protection Bureau would have to update its rules so that lenders cannot obtain or use a person's medical debt information when deciding whether to give that person credit.

Full text and official record on Congress.gov

Sponsors

• John Kennedy Republican sponsor
• 0 cosponsors