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Bill

S 1353

A bill to extend the authority for modifications to the Second Division Memorial in the District of Columbia.

119th Congress Introduced by Lisa Murkowski and 1 co-sponsor

Bill S 1353 empowers consumers to sue creditors for coerced debts, ensuring protection against unfair practices and allowing for monetary damages and legal relief.

Committee on Energy and Natural Resources. Reported by Senator Lee with an amendment. Without written report.
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WeVote Research Nonpartisan
Bill Summary · S 1353

Summary of Bill S 1353: Establishes a Right of Action for Claims Arising Out of Coerced Debts

Purpose and Intent

Bill S 1353 aims to establish a legal framework that allows individuals to take action against creditors or entities that have coerced them into incurring debts. The bill seeks to protect consumers from unfair debt collection practices and ensure that they have recourse in situations where they have been pressured or manipulated into taking on financial obligations.

Key Provisions

  • Right of Action: The bill grants individuals the right to file claims against creditors for debts that were incurred under coercive circumstances.
  • Definition of Coercion: The legislation outlines what constitutes coercion in the context of debt, providing clarity on the behaviors and practices that would be deemed unacceptable.
  • Remedies Available: Individuals who successfully prove their claims may be entitled to various remedies, including but not limited to:
    • Monetary damages
    • Legal fees
    • Other forms of relief as determined by the court

Affected Parties

  • Consumers: The primary beneficiaries of this bill are consumers who may find themselves in situations where they have been coerced into taking on debt.
  • Creditors and Debt Collectors: The bill will impose stricter regulations on creditors and debt collectors, holding them accountable for their practices and potentially leading to increased litigation.
  • Legal System: Courts may see an increase in cases related to coerced debts, which could impact judicial resources and processes.

Legislative Timeline

  • Introduced: January 09, 2025
  • Key Legislative Actions:
    • Passed Assembly: June 11, 2025
    • Returned to Senate: June 11, 2025
    • Repassed Senate: June 09, 2025
    • Amended on Third Reading: May 22, 2025
    • Passed Senate: May 13, 2025
  • Current Status: The bill has been returned to the Senate after passing through the Assembly, indicating ongoing discussions and potential amendments.

Related Legislation

  • A 10667: A related bill from a prior session that may address similar issues.
  • S 2278: Another prior-session bill that could be connected to consumer protection in debt situations.
  • A 3038: A companion bill that may provide additional context or support for the provisions outlined in S 1353.

Conclusion

Bill S 1353 represents a significant step toward enhancing consumer protection against coercive debt practices. By establishing a clear right of action, the bill aims to empower individuals and hold creditors accountable for unethical behavior. As the legislative process continues, stakeholders will be closely monitoring its developments and potential impacts on both consumers and the financial industry.

Compiled from official sources — confirm details with the bill’s official record.

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