Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House passes bill to keep most medical debt off consumer credit reports after debate over scope
Summary
Maryland lawmakers voted to pass House Bill 10-20, a measure aligned with recent Consumer Financial Protection Bureau guidance that bars most medical debt from consumer credit reports. Supporters said the bill protects people hit by unexpected medical costs; opponents raised concerns about scope and potential effects on credit decisions.
The Maryland House of Delegates passed House Bill 10-20, the "Fair Medical Debt Reporting Act," on third reading after a floor debate about how the measure parallels federal guidance from the Consumer Financial Protection Bureau. There being 101 votes in the affirmative, House Bill 10-20 was declared passed.
Supporters said the bill implements the CFPB guidance intended to prevent medical debt from unduly damaging consumers’ credit histories. The floor leader described the bill as following CFPB action, saying it "is based on some ruling that the Consumer Financial Protection Bureau put out in October of 10/01/2024" that was finalized on…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
