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Committee accepts amendment to tighten definition of medical debt in HB257
Summary
Representative Grimm moved and explained an amendment to HB257 that narrows the statutory definition of medical debt with specific references to credit cards and home-equity lines of credit; the committee accepted the change by unanimous consent.
Chair Schmidt called House Bill 257 for its fourth hearing. Representative Grimm moved to amend and explained the change tightened the definition of "medical debt," specifically addressing how credit cards and home-equity lines of credit are treated in the statute to resolve concerns raised by banking and credit-union stakeholders. Grimm noted the amendment resembles language adopted in Maine.
With no objections from members, the amendment was accepted and the fourth hearing on HB257 concluded.
