118th Congress · HOUSE BILLBILL

H.R. 4743 — RING Act of 2023

“To require creditors to establish a phone line to assist obligors who are 50 years of age and older to resolve billing errors, and for other purposes.”

Finance and financial sector

Introduced Jul 19, 2023

Last action Jul 19, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 19, 2023

Step 2

Referred

Jul 19, 2023

Financial Services

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill requires creditors to establish a hotline for assisting consumers who are 50 years of age or older to resolve billing errors and mitigate fraud. Consumers who call the hotline must have the option to receive assistance from a live English- or Spanish-speaking individual and not from an automated system.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Jul 19, 2023

Introduced in House

Jul 19, 2023

Referred to the House Committee on Financial Services.