HR 2359 · 115th Congress · Finance and Financial Sector

FCRA Liability Harmonization Act

Introduced 2017-05-04· Sponsored by Rep. Loudermilk, Barry [R-GA-11]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.(2017-09-07)

Plain Language Summary

[AI summary unavailable — showing source text] FCRA Liability Harmonization Act This bill amends the Fair Credit Reporting Act to limit the recovery amount available in a class action lawsuit to the lesser of $500,000 or 1% of the net worth of the defendant. The bill also eliminates the awarding of punitive damages.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (13)

13 Republicans
Rep. Royce, Edward R. [R-CA-39]CA
Rep. Budd, Ted [R-NC-13]NC
Rep. King, Peter T. [R-NY-2]NY
Rep. Wagner, Ann [R-MO-2]MO
Rep. Tipton, Scott R. [R-CO-3]CO
Rep. Trott, David A. [R-MI-11]MI
Rep. Rothfus, Keith J. [R-PA-12]PA
Rep. Emmer, Tom [R-MN-6]MN
Rep. Pittenger, Robert [R-NC-9]NC
Rep. Lucas, Frank D. [R-OK-3]OK
Rep. Stivers, Steve [R-OH-15]OH
Rep. Huizenga, Bill [R-MI-2]MI
Rep. Williams, Roger [R-TX-25]TX