AN ACT PROHIBITING CREDIT RATING AGENCIES FROM INCLUDING MEDICAL DEBT IN CREDIT REPORTS.

This bill (HB 5500) would change state law to prevent credit rating agencies from including unpaid medical debt in consumers' credit reports. It directly affects individuals who have medical bills but cannot pay them, as their credit scores would no longer be negatively impacted by these debts. The key provision is a clear prohibition requiring credit agencies to exclude medical debt from credit reports, rather than including it as they currently do. This policy change aims to prevent medical debt from unfairly harming creditworthiness.