Military Family Protection from Debt Act

Bill: 118-hr-5190
Sponsor: full_name: Rep. Kim, Andy [D-NJ-3]
Introduced: 2023-08-11
Policy area: Armed Forces and National Security
Subjects: Debt collection

Government lending and loan guarantees

Interest, dividends, interest rates

Military personnel and dependents
Latest action: action_date: 2023-11-02
text: Subcommittee Hearings Held

Summaries:

tv_txt: I 118th CONGRESS 1st Session H. R. 5190 IN THE HOUSE OF REPRESENTATIVES August 11, 2023 Mr. Kim of New Jersey introduced the following bill; which was referred to the Committee on Veterans' Affairs A BILL To amend the Servicemembers Civil Relief Act to expand certain protections to dependents of members of the Armed Forces.

1. Short title This Act may be cited as the Military Family Protection from Debt Act . 2. Maximum rate of interest on debts incurred before military service applicable to military dependents Section 207 of the Servicemembers Civil Relief Act ( 50 U.S.C. 3937 ) is amended— (1) in subsection (a)— (A) in paragraph (1), by striking or the servicemember and the servicemember’s spouse jointly and inserting a dependent of the servicemember, or such a dependent and the servicemember jointly ; and (B) in paragraph (3), by inserting or a dependent of the servicemember after due from a servicemember ; (2) in subsection (b)(1)— (A) in the paragraph heading, by inserting and dependency after military service ; (B) in subparagraph (A)— (i) by striking of the servicemember ; (ii) by striking clause (i) and inserting the following: (i) military orders indicating the current, future, or past military duty status of the servicemember; or ; and (iii) in clause (ii), by inserting or a certificate from the Defense Manpower Data Center before the period at the end; (C) by redesignating subparagraph (B) as subparagraph (C); and (D) by inserting the following after subparagraph (A): (B) Dependents In addition to providing proof of military service under subparagraph (A), dependents of servicemembers shall provide documentation that indicates the dependency status of the dependent at the time the debt or obligation was incurred and continuing until the servicemember entered military service. Such documentation may include a marriage certificate, birth certificate, or any other appropriate indicator of dependency status. ; and (3) in subsection (c), by inserting , dependent, or both, as the case may be, after ability of the servicemember .