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Fair Debt Collection Practices for Servicemembers Act

Bill Number
S. 2454
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Finance and Financial Sector
Status
Introduced
Latest Action
2025-07-24: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last Updated
2025-09-22T11:39:29Z

AI-Generated Summary

Purpose This legislation amends the Fair Debt Collection Practices Act to strengthen protections for servicemembers and their families against specific forms of harassment by debt collectors. It aims to prevent threats involving military rank, security clearances, or military justice proceedings.

Key Provisions

Significant Changes to Existing Law The bill adds new subsections to Sections 805 and 808 of the Fair Debt Collection Practices Act. These changes introduce military-specific prohibitions not previously present in the statute, extending beyond general harassment rules to address threats unique to servicemembers.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications The legislation builds on existing consumer protection law by linking debt collection practices to military-specific consequences, which could raise questions about the balance between debt enforcement and military discipline. It was introduced with bipartisan sponsorship and focuses on national security concerns tied to uncollected debts and security clearances.

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Warnock, Raphael G. [D-GA]

Cosponsors (2)

Sen. Budd, Ted [R-NC], Sen. Cornyn, John [R-TX]

Recent Actions

Bill Versions