Non-Judicial Foreclosure Debt Collection Clarification Act

IB Union Calendar No. 523 116TH CONGRESS 2D SESSION H. R. 5001 [Report No. 116–638] 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 DECEMBER 10, 2020 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed [Strike out all after the enacting clause and insert the part printed in italic] [For text of introduced bill, see copy of bill as introduced on November 8, 2019] VerDate Sep 11 2014 01:51 Dec 11, 2020 Jkt 019200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6652 E:\BILLS\H5001.RH H5001 ctelli on DSK11ZRN23PROD with BILLS 2 •HR 5001 RH 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. VerDate Sep 11 2014 00:14 Dec 11, 2020 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6652 E:\BILLS\H5001.RH H5001 ctelli on DSK11ZRN23PROD with BILLS 3 •HR 5001 RH Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Non-Judicial Fore- 4 closure Debt Collection Clarification Act’’. 5 SEC. 2. ENFORCEMENT OF SECURITY INTERESTS. 6 Section 803(6) of the Fair Debt Collection Practices 7 Act (15 U.S.C. 1692a(6)) is amended by striking ‘‘For the 8 purpose of section 808(6), such term also includes any per- 9 son who uses any instrumentality of interstate commerce 10 or the mails in any business the principal purpose of which 11 is the enforcement of security interests.’’. 12 VerDate Sep 11 2014 00:14 Dec 11, 2020 Jkt 019200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6203 E:\BILLS\H5001.RH H5001 ctelli on DSK11ZRN23PROD with BILLS Union Calendar No. 523 116TH CONGRESS 2D SESSION H. R. 5001 [Report No. 116–638] A BILL To amend the Fair Debt Collection Practices Act to clarify that the definition of a debt collector in- cludes, in all cases, a person in a business the principal purpose of which is the enforcement of security interests. DECEMBER 10, 2020 Reported with an amendment, committed to the Com- mittee of the Whole House on the State of the Union, and ordered to be printed VerDate Sep 11 2014 01:51 Dec 11, 2020 Jkt 019200 PO 00000 Frm 00004 Fmt 6651 Sfmt 6651 E:\BILLS\H5001.RH H5001 ctelli on DSK11ZRN23PROD with BILLS