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- H.R.2359
H.R.2359: FCRA Liability Harmonization Act
About This Bill
- Introduced May 4, 2017
- Latest Major Action Sept. 7, 2017
Bill Sponsor
Bill Cosponsors
13 (All Republicans)
Bill Version
- Introduced in House - May 4, 2017
When this bill was on the Most Viewed List on Congress.gov
| Week Ending | Rank |
|---|---|
| Sept. 24, 2017 | 7th |
Bill Summary
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.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Sept. 7, 2017 |
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
|
| June 7, 2017 |
Referred to the Subcommittee on the Constitution and Civil Justice.
|
| May 4, 2017 |
Referred to House Judiciary
|
| May 4, 2017 |
Referred to House Financial Services
|
| May 4, 2017 |
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.
|
| May 4, 2017 |
Introduced in the House by Barry Loudermilk (R-Ga.) |