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H.R. 2359 · 115th Congress

FCRA Liability Harmonization Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

13 cosponsors · 13 R

4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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.

What it does: CRS summary · Introduced in House · May 4, 2017

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: FCRA Liability Harmonization Act

Latest action (Sep 7, 2017): Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

Policy area: Finance and Financial Sector · Origin: House · Introduced: May 4, 2017

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.