FCRA Liability Harmonization Act

Summary

FCRA Liability Harmonization Act This bill amends the Fair Credit Reporting Act to limit the recovery amount available in a class action lawsuit to the lesser of $500,000 or 1% of the net worth of the defendant. The bill also eliminates the awarding of punitive damages.

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

Timeline

1. 4 May 2017

   Introduced

   Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 4 May 2017

   Introduced

   Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

3. 4 May 2017

   Introduced

   Introduced in House

   Source: IntroReferral

4. 4 May 2017

   Introduced

   Introduced in House

   Source: IntroReferral

5. 7 June 2017

   Referred

   Referred to the Subcommittee on the Constitution and Civil Justice.

   Source: Committee

6. 7 September 2017

   Committee

   Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 4 May 2017 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 4 May 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 4 May 2017

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 May 2017

  Open at official source

Sponsors

• Barry Loudermilk · R · Sponsor
• ED ROYCE · R · Sponsor
• Ted Budd · R · Sponsor
• PETER KING · R · Sponsor
• Ann Wagner · R · Sponsor
• Scott Tipton · R · Cosponsor
• David Trott · R · Cosponsor
• Keith Rothfus · R · Cosponsor
• Tom Emmer · R · Cosponsor
• Robert Pittenger · R · Cosponsor
• Frank Lucas · R · Cosponsor
• Steve Stivers · R · Cosponsor
• Bill Huizenga · R · Cosponsor
• Rep. Williams, Roger [R-TX-25] · R · Cosponsor
• · hsba00 · Standing
• · hsju00 · Standing

Related records

No cross-record relationships stored yet.