To amend the Fair Debt Collection Practices Act to safeguard access to information for consumers and to stop abusive debt litigation, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Fair Debt Collection Practices Act to safeguard access to information for consumers and to stop abusive debt litigation, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Immigration, Housing.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H0956933CEB97487A9482E22A7C26BD0A: 1. Short title This Act may be cited as the Securing Consumers Against Misrepresented Debt Act of 2024 or the SCAM Debt Act.
- Section HF718A49CFD3647488F0794E5118C8AF7: 2. Definitions Section 803 of the Fair Debt Collection Practices Act (15 U.S.C. 1692a) is amended by adding at the end the following: (9)The term legal action...
- Section HEC11000F9D4D4284A7D10F2CDA0496FF: 3. False or misleading representations Section 807(11) of the Fair Debt Collection Practices Act (15 U.S.C. 1692e(11)) is amended by striking legal action and...
- Section H4701440979A041F4A8E392F72B41FD7B: 4. Validation of debts Section 809(a) of the Fair Debt Collection Practices Act (15 U.S.C. 1692g(a)) is amended— in the matter preceding paragraph (1), by...
- Section H4FE41B36CE814F71B93A24DB326970C7: 5. Legal actions by debt collectors Section 811 of the Fair Debt Collection Practices Act (15 U.S.C. 1692i) is amended— by redesignating subsection (b) as...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
This bill, To amend the Fair Debt Collection Practices Act to safeguard access to information for consumers and to stop abusive debt litigation, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Immigration, Housing
Primary Purpose
This bill, To amend the Fair Debt Collection Practices Act to safeguard access to information for consumers and to stop abusive debt litigation, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
Contextual inference, no direct clause citation- financial institutions, investors, and borrowers
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- federal implementing agencies
- financial institutions, investors, and borrowers
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
IntroducedMs. Bonamici (for herself, Mr. Foster, Mr. Cohen, Ms. Chu, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology