Substitute for Raised H.B. No. 5571
Session Year 2016


AN ACT CONCERNING BANKING AND CONSUMER PROTECTIONS.

To (1) require licensing for companies engaged in the collection of federal income tax debt and to prohibit consumer collection agencies from collecting interest, fees, charges or expenses on debts absent an explicit agreement signed by a consumer debtor to the contrary; (2) protect individuals from causes of action for liability on debt brought by creditors or consumer collection agencies with insufficient evidence of ownership of the debt or association of such debt with the individual.