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H. Rept. 115-892 1 (2018-08-07)

handle is hein.congrecreports/crptxabqe0001 and id is 1 raw text is: AUTHENTICATEO U.S. GOVERNMENT INFORMATION Op 115TH CONGRESS REPORT 2d Session HOUSE OF REPRESENTATIVES 115-892 PRACTICE OF LAW TECHNICAL CLARIFICATION ACT OF 2018 AUGUST 7, 2018.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. HENSARLING, from the Committee on Financial Services, submitted the following REPORT together with MINORITY VIEWS [To accompany H.R. 5082] [Including cost estimate of the Congressional Budget Office] The Committee on Financial Services, to whom was referred the bill (H.R. 5082) to amend the Fair Debt Collection Practices Act to exclude law firms and licensed attorneys who are engaged in activi- ties related to legal proceedings from the definition of a debt col- lector, to amend the Consumer Financial Protection Act of 2010 to prevent the Bureau of Consumer Financial Protection from exer- cising supervisory or enforcement authority with respect to attor- neys when undertaking certain actions related to legal proceedings, and for other purposes, having considered the same, report favor- ably thereon without amendment and recommend that the bill do pass. PURPOSE AND SUMMARY Introduced by Representative Alex Mooney on February 23, 2018, H.R. 5082, the Practice of Law Technical Clarification Act of 2018, amends the Fair Debt Collection Practices Act (FDCPA) [P.L. 95-1091 to exclude from the definition of debt collector any law firm or licensed attorney engaged in litigation activities in con- nection with a legal action in a court of law to collect a debt on be- half of a client to the extent that such legal action is served on the defendant debtor, or service is attempted, in accordance with the 79-006