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United States · Bill · HR

H.R. 1238 (109th)

Medical Bills Interest Rate Relief Act

referredUnited States· United States Congress· EN

Introduced

10 March 2005

Last action

6 May 2005 · Referred

Status

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Sponsors

Rep. Hastings, Alcee L. [D-FL-20], Rep. Slaughter, Louise McIntosh [D-NY-25], Sen. Sanders, Bernard [I-VT], Rep. Owens, Major R. [D-NY-11], Rep. Stark, Fortney Pete [D-CA-13], Rep. Cummings, Elijah E. [D-MD-7], Rep. Wasserman Schultz, Debbie [D-FL-25], Del. Christensen, Donna M. [D-VI-At Large], Rep. Lewis, John [D-GA-5], Rep. Conyers, John, Jr. [D-MI-13], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Butterfield, G. K. [D-NC-1], Rep. Meek, Kendrick B. [D-FL-17], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Wexler, Robert [D-FL-19], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Michaud, Michael H. [D-ME-2], Rep. Payne, Donald M. [D-NJ-10], Rep. Carson, Julia [D-IN-7]

Subjects

Discovery layer

Source updated

15 August 2025

Summary

Medical Bills Interest Rate Relief Act - Expresses the sense of the Congress that: (1) no American family or individual should be forced to choose between the health and life of a loved one and the financial constraints of medical care; (2) financial institutions, including credit card issuers, should not take financial advantage of unforeseen, nonpreventive, or catastrophic medical situations; and (3) individuals or families saddled with large medical bills should receive a fair and equitable credit rating that disregards off-schedule medical bill payments. Amends the Truth in Lending Act to prescribe guidelines governing the obligations of credit card issuers for credit extended to pay medical expenses. Amends the Fair Credit Reporting Act to prohibit a hospital or other medical treatment facility from submitting to a consumer reporting agency during a five-year period any negative information regarding the failure of a consumer to maintain full payments for medical expenses if the consumer continues in good faith to make partial payments on the outstanding balance on prescribed payment schedule due dates.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 10 March 2005

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 10 March 2005

    Introduced

    Sponsor introductory remarks on measure. (CR E418)

    Source: IntroReferral

  3. 10 March 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 10 March 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 6 May 2005

    Referred

    Referred to the Subcommittee on Financial Institutions and Consumer Credit.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 10 March 2005

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 10 March 2005

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 10 March 2005

    Open at official source

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Sponsors

Related records

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Sources

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