What This Bill Does · Plain English
Summary · Congress.gov
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) and published on January 14, 2025. This rule prohibits the inclusion of medical debt on credit reports and prohibits creditors from considering medical debt when making credit eligibility determinations.
Action Timeline
2025-03-11
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-03-11
Introduced in Senate
Frequently Asked Questions
Did SJRES.36 pass?
SJRES.36 is still alive. Current stage: COMMITTEE. Pass likelihood: 70%.
What does SJRES.36 do?
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) and published on January 14, 2025. This rule prohibits the inclusion of medical debt on credit reports and prohibits creditors from considering medical debt when making credit eligibility determinations.
Who sponsored SJRES.36?
SJRES.36 was sponsored by Mike Rounds (R-South Dakota).
Full Bill Text
119 SJ 36 IS: 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 “Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)”. U.S. Senate 2025-03-11 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IIA 119th CONGRESS 1st Session S. J. RES. 36 IN THE SENATE OF THE UNITED STATES March 11 (legislative day, March 10), 2025 Mr. Rounds (for himself, Mr. Scott of South Carolina , Mr. Hagerty , Mr. Crapo , and Ms. Lummis ) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs 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 Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) . That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) (90 Fed. Reg. 3276 (January 14, 2025)), and such rule shall have no force or effect.
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