Caps damages and attorney's fees in class action lawsuits under the Fair Credit Reporting Act, limiting how much consumers can recover from companies that violate the law.

Official title: FCRA Liability Harmonization Act

Next stop House floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

House

Introduced 17-OCT-2025

Referred 17-OCT-2025

Approved by committee 30-JUN-2026

Key points

Removes the minimum damage amount for each class member in willful violation class actions and limits total class recovery to the lesser of $500,000 or 1 percent of the defendant's net worth, excluding attorney's fees.
Limits costs and attorney's fees in willful violation class actions to the lesser of $100,000 or 40 percent of damages awarded.
Applies a similar $500,000 or 1 percent of net worth cap on total class recovery for negligent violations, and limits negligent violation damages to actual damages.
Amends Sections 616 and 617 of the Fair Credit Reporting Act (15 U.S.C. 1681n and 1681o).

AI-generated from the Introduced in House text of 17-OCT-2025 · verify · report an error

Official CRS summary

Current. The Congressional Research Service's summary covers the bill's latest wording (Introduced in House, 17-OCT-2025).

CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov

Committee referrals (2)

Policy area

Finance and Financial Sector

Sponsor Barry Loudermilk (R-GA) Cosponsors · 7

■ 7 R

7 Republicans

congress.gov page Introduced in House (17-OCT-2025)