HR 6413
116th Congress
House
Finance and Financial Sector
Cardiovascular and respiratory health
Consumer credit
Emergency medical services and trauma care
Infectious and parasitic diseases
Coronavirus Credit Lapse Forgiveness Act
Introduced: March 27, 2020
Introduced by:
Murphy, Gregory F.
Republican
· North Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2020
Referred to the House Committee on Financial Services.
Mar 27, 2020
Introduced in House
Plain-English summary
Coronavirus Credit Lapse Forgiveness Act
This bill generally prohibits credit reporting agencies from reporting adverse information regarding debt (1) arising from a COVID-19 (i.e., coronavirus disease 2019) related illness, and (2) incurred within one year of enactment of this bill. This prohibition applies to debt incurred by individuals earning less than $50,000 a year, or a married couple filing jointly earning less than $75,000 a year.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1