| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the reporting of information regarding certain medical |
|
|
debt of a consumer. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Chapter 20, Business & Commerce Code, is amended |
|
|
by adding Section 20.051 to read as follows: |
|
|
Sec. 20.051. REPORTING OF CERTAIN MEDICAL DEBT PROHIBITED. |
|
|
(a) In this section, "medical debt" has the meaning assigned by |
|
|
Section 392.203, Finance Code. |
|
|
(b) A consumer reporting agency may not furnish a consumer |
|
|
report containing information related to a single medical debt |
|
|
that: |
|
|
(1) is $2,500 or less; |
|
|
(2) had been characterized as delinquent, charged off, |
|
|
or in collection; and |
|
|
(3) was fully paid or settled more than 45 days before |
|
|
the date the report is furnished. |
|
|
SECTION 2. Subchapter C, Chapter 392, Finance Code, is |
|
|
amended by adding Section 392.203 to read as follows: |
|
|
Sec. 392.203. REPORTING OF CERTAIN MEDICAL DEBT PROHIBITED. |
|
|
(a) In this section, "medical debt" means a debt arising from the |
|
|
receipt of medical services, products, or devices. |
|
|
(b) A creditor or debt collector may not report a consumer's |
|
|
medical debt of less than $500 to a credit bureau. |
|
|
SECTION 3. This Act takes effect September 1, 2013. |