A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)".

# Summary of SJRES 36 **What the Bill Does** This is a "disapproval resolution," which is a special congressional tool used to reject federal agency rules. If passed, it would overturn a regulation created by the Bureau of Consumer Financial Protection (CFPB) that restricts how creditors and credit reporting agencies can use medical information when making lending decisions. The rule being targeted—called "Regulation V"—was designed to limit the impact of medical debt on credit scores and lending eligibility. **Who It Affects** The bill would primarily affect consumers with medical debt, creditors (like banks and lenders), and credit reporting agencies. Overturning the rule could allow these financial institutions to factor medical information more heavily into credit decisions, potentially making it harder for people with medical debt to obtain loans or credit.

It would also affect the CFPB's ability to enforce consumer protections in this area. **Current Status & Key Details** The bill is currently in committee and has not yet been voted on. It was introduced by Senator Mike Rounds (R-SD). Under the Congressional Review Act, these disapproval resolutions can move quickly through Congress if they have sufficient support, but the bill would still need passage in both chambers and the President's signature to become law.