118th Congress · SENATE BILLBILL

S. 2396 — Fair Debt Collection Practices for Servicemembers Act

“A bill to provide enhanced protection against debt collector harassment of members of the Armed Forces.”

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

Banking, Housing, and Urban Affairs

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill prohibits a debt collector from threatening a service member with a reduction of rank, revocation of their security clearance, or military prosecution in the course of collecting a debt. The Government Accountability Office must report on the impact of this prohibition on the timely delivery of information to service members, military readiness, and national security.

Provisions · 3 sectionsIntroduced in Senate

Timeline · 2 actions

Jul 19, 2023

Introduced in Senate

Jul 19, 2023

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