Text: H.R.5001 — 116th Congress (2019-2020)All Information (Except Text)

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Introduced in House (11/08/2019)


116th CONGRESS
1st Session
H. R. 5001


To amend the Fair Debt Collection Practices Act to clarify that the definition of a debt collector includes, in all cases, a person in a business the principal purpose of which is the enforcement of security interests.


IN THE HOUSE OF REPRESENTATIVES

November 8, 2019

Mr. Clay introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To amend the Fair Debt Collection Practices Act to clarify that the definition of a debt collector includes, in all cases, a person in a business the principal purpose of which is the enforcement of security interests.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Non-Judicial Foreclosure Debt Collection Clarification Act”.

SEC. 2. Enforcers of security interests.

Section 803(6) of the Fair Debt Collection Practices Act (15 U.S.C. 1692a(6)) is amended by striking “For the purpose of section 808(6), such term also includes any person who uses any instrumentality of interstate commerce or the mails in any business the principal purpose of which is the enforcement of security interests.”.


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