119th Congress Finance and Financial Sector
H.R. 5775: FCRA Liability Harmonization Act
In Committee
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill limits the amount of damages and costs consumer credit reporting agencies must pay for violations of the Fair Credit Reporting Act (FCRA), which regulates the use of consumer information for credit reporting purposes. Under FCRA, consumer credit reporting agencies may be found civilly liable to consumers for willful or negligent noncompliance.
The bill eliminates the ability of courts to award unlimited punitive damages to a consumer for a consumer credit reporting agency’s willful noncompliance with FCRA.
Regarding a consumer credit reporting agency’s willful or negligent noncompliance with FCRA, the bill limits the amount that may be awarded to consumers
Read the full summary
- for court costs, and
- in class action lawsuits, specifically by prohibiting the court from applying a minimum amount of damages for each class member and by limiting the total recovery amount of the class.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Scott Fitzgerald R-WIOriginal
- Bill Huizenga R-MIOriginal
- Young Kim R-CAOriginal
- Daniel Meuser R-PAOriginal
- Ann Wagner R-MOOriginal
- Roger Williams R-TX
- Tim Moore R-NC
Who scored on this bill
- 1Barry Loudermilk SponsorIntroduced, marked up2 events+12
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Barry Loudermilk
- H.R. 1483: Protecting Investors’ Personally Identifiable Information Act
- H.R. 5362: To name the Department of Veterans Affairs multispecialty clinic in Marietta, Georgia, as the "Colonel Michael H. Boyce Department of Veterans Affairs Multispecialty Clinic".
- H.R. 1799: Financial Reporting Threshold Modernization Act
- H.R. 1078: Respect State Housing Laws Act
- H.R. 6550: American FIRST Act of 2025
- H.R. 6551: New BANK Act of 2025
History
- Introduced in the House by Barry Loudermilk.
Show the full action history (4 actions)
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 23.
- Introduced in House
- Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.