83R2833 DDT-D
By: Martinez H.B. No. 2427
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.