Stop Debt Collection Abuse Act of 2019

Summary

Stop Debt Collection Abuse Act of 2019 This bill applies certain consumer protections regarding debt collection to debt owed to a federal agency and to debt buyers. A federal agency that is a creditor may not sell or transfer a debt to a debt collector until 90 days after the obligation arises. Specified notice to the consumer of such a sale or transfer is required. A collector of debt owed to a federal agency may not collect any interest, fee, charge, or expense that is (1) unreasonable in relation to actual costs, (2) not authorized by a contract between the debt collector and the federal agency, or (3) greater than 10% of the amount collected. The Government Accountability Office shall report on the use of debt collectors by federal, state, and local government agencies.

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

Timeline

1. 19 September 2019

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 19 September 2019

   Introduced

   Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 19 September 2019 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 19 September 2019

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 19 September 2019

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 19 September 2019

  Open at official source

Sponsors

• Sen. Booker, Cory A. [D-NJ] · D · Sponsor
• Mike Lee · R · Sponsor
• · ssbk00 · Standing

Related records

• related to ← Stop Debt Collection Abuse Act of 2019
• related to ← Stop Debt Collection Abuse Act of 2017