Member Alert: ACA Launches Survey on U.S. House Legislation Impacting the Industry

In other news, Iowa, Illinois and North Carolina issue updates on garnishments and reopening some business operations.

5/6/2020 1:30 PM

COVID-19DailyNewsState
Member Alert: ACA Launches Survey on U.S. House Legislation Impacting the Industry

ACA International continues to monitor state and city updates and remains available as a resource for members during this difficult time of fast-moving and often ambiguous regulatory change. In addition, our team maintains regular direct and indirect communications with state and federal regulators to receive up-to-the-minute guidance on industry-relevant orders and emergency regulations, which we parse and report on at regular intervals.

DEADLINE: Applications for the 2020 Loomer-Mortenson Scholarship program are due May 15!

The ACA International Education Foundation is accepting applications for the Loomer-Mortenson Scholarship program until May 15, 2020. This year, the Foundation looks forward to awarding more than $50,000 to upcoming and current college students with good grades, writing skills and a connection to the industry via their employment or the employment of a parent. The Foundation will award: $10,000 for first place; $5,000 for second place; $3,000 for third place; and additional winners will receive $1,000 each. Learn more here.

Daily Huddle

Members are invited to join ACA’s team including CEO Mark Neeb, Vice President and Senior Counsel of Federal Advocacy Leah Dempsey, Corporate Counsel Colin Winkler and Vice President of State Government and Unit Affairs Andrew Madden for a Daily Huddle at 11 a.m., Central Standard Time weekdays.

On Thursday, May 7, ACA’s Compliance Analysts Laura Dadd and Andrew Pavlik will share their insights on "Compliance in the time of COVID-19." Dadd and Pavlik will discuss Frequently Asked Questions on consumer communication, compliance, state, and federal COVID-19 requirements and more. ACA has made these FAQs available to its members as a general educational resource. If you have a general COVID-19 compliance question that is not addressed in an existing FAQ or if you believe an answer to an existing FAQ may have been superseded by new guidance, please send your suggestions to compliance@acainternational.org.

Daily Huddle sponsors are Collectors Insurance Agency Licensing Services, Intelligent Contacts, RevSpring, Solutions by Text, BillingTree, Interprose, and TCN. Recordings of past Daily Huddle sessions are also available.

Federal News Updates

Share Your Input on Legislation Impacting Industry

ACA released a survey for members to help inform advocacy efforts on a package of bills in the U.S. House of Representatives including:

  • H.R. 3948, which would amend the definition of debt in the Fair Debt Collection Practices Act to include money owed to a state;
  • H.R. 5330, which would prohibit debt collectors from collecting certain medical debt for at least two years after the first due date for a consumer’s debt payment;
  • H.R. 5013, which would amend the definition of debt in FDCPA and remove the term "consumer." Therefore, under the bill, the scope of FDCPA would include business debts; and
  • H.R. 4403, which would limit the amount debt collectors hired by the federal government may charge for debt collection services; specifically, the fees would not be allowed to exceed 10% of the amount collected.

U.S. House Continues Consideration of Debt Collection Moratorium

In March, Democrats on the House Financial Services Committee led by Chairwoman Maxine Waters, D-Calif., released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy response to the coronavirus pandemic. Yesterday, Chairwoman Waters sent out a press release indicating that this legislation remains a priority for the House Financial Services Committee Democrats. Read more on H.R. 6321 in coverage from ACA International here.

The U.S. House of Representatives is expected to return to Washington in the next couple of weeks.

ACA’s advocacy team hasn’t slowed its efforts in advocating to ensure that the industry’s role in providing consumer benefits is considered in these proposals. It is important to have policies that provide consumers with more options that will allow them to continue to access credit and services. This is critical due to the uncertainty about the length and severity of the economic impact related to the coronavirus.

The Senate is in session this week and starting to consider additional legislation.

Here are the latest updates on state guidance:

Iowa

Gov. Kim Reynolds issued a proclamation suspending garnishments. The order states, in Section 28, that it "temporarily suspend[s] the provisions of Iowa Code Chapter 642 authorizing garnishment and the provisions of Iowa Code Chapter 626 allowing execution of garnishment, except for those provisions relating to enforcement of domestic support orders."

The Iowa Judicial Branch also issued FAQs and advice to clerks on garnishments.

Illinois

The state’s stay at home order and non-essential business operations executive order has been modified to allow for some limited businesses to begin opening while being extended through May 30, 2020. 

North Carolina

Gov. Roy Cooper signed a new executive order modifying and extending the state’s stay at home order until Friday, May 22.  The new order goes into effect at 5 p.m. on Friday, May 8, and begins the state’s transition to Phase One of re-opening the state and easing certain COVID-19 restrictions.

Allowable activities identified in the order include:

"People may leave their homes to perform work at any business, nonprofit, government, or other organization that is not closed by this Executive Order. For example, and without limitation, people can leave the house for employment, or to serve as a contractor at a for-profit business, a nonprofit organization, a part of government, a single person business, a sole proprietorship, or any other kind of entity or operation.

Most businesses and organizations can be open. All businesses that are not closed under Section 5, which largely includes personal care and entertainment businesses, may operate. Some businesses must operate under restrictions, as stated in Sections 3, 4, 6, and 7 of this Executive Order. Significant restrictions still apply to most restaurants, bars, personal care businesses and entertainment facilities.

For more information on how the ACA Licensing staff can assist with your licensing needs, please contact us at Licensing@acainternational.org or call (952) 926-6547.


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

Member Alert: ACA Launches Survey on U.S. House Legislation Impacting the Industry

ACA International continues to monitor state and city updates and remains available as a resource for members during this difficult time of fast-moving and often ambiguous regulatory change. In addition, our team maintains regular direct and indirect communications with state and federal regulators to receive up-to-the-minute guidance on industry-relevant orders and emergency regulations, which we parse and report on at regular intervals.

DEADLINE: Applications for the 2020 Loomer-Mortenson Scholarship program are due May 15!

The ACA International Education Foundation is accepting applications for the Loomer-Mortenson Scholarship program until May 15, 2020. This year, the Foundation looks forward to awarding more than $50,000 to upcoming and current college students with good grades, writing skills and a connection to the industry via their employment or the employment of a parent. The Foundation will award: $10,000 for first place; $5,000 for second place; $3,000 for third place; and additional winners will receive $1,000 each. Learn more here.

Daily Huddle

Members are invited to join ACA’s team including CEO Mark Neeb, Vice President and Senior Counsel of Federal Advocacy Leah Dempsey, Corporate Counsel Colin Winkler and Vice President of State Government and Unit Affairs Andrew Madden for a Daily Huddle at 11 a.m., Central Standard Time weekdays.

On Thursday, May 7, ACA’s Compliance Analysts Laura Dadd and Andrew Pavlik will share their insights on "Compliance in the time of COVID-19." Dadd and Pavlik will discuss Frequently Asked Questions on consumer communication, compliance, state, and federal COVID-19 requirements and more. ACA has made these FAQs available to its members as a general educational resource. If you have a general COVID-19 compliance question that is not addressed in an existing FAQ or if you believe an answer to an existing FAQ may have been superseded by new guidance, please send your suggestions to compliance@acainternational.org.

Daily Huddle sponsors are Collectors Insurance Agency Licensing Services, Intelligent Contacts, RevSpring, Solutions by Text, BillingTree, Interprose, and TCN. Recordings of past Daily Huddle sessions are also available.

Federal News Updates

Share Your Input on Legislation Impacting Industry

ACA released a survey for members to help inform advocacy efforts on a package of bills in the U.S. House of Representatives including:

  • H.R. 3948, which would amend the definition of debt in the Fair Debt Collection Practices Act to include money owed to a state;
  • H.R. 5330, which would prohibit debt collectors from collecting certain medical debt for at least two years after the first due date for a consumer’s debt payment;
  • H.R. 5013, which would amend the definition of debt in FDCPA and remove the term "consumer." Therefore, under the bill, the scope of FDCPA would include business debts; and
  • H.R. 4403, which would limit the amount debt collectors hired by the federal government may charge for debt collection services; specifically, the fees would not be allowed to exceed 10% of the amount collected.

U.S. House Continues Consideration of Debt Collection Moratorium

In March, Democrats on the House Financial Services Committee led by Chairwoman Maxine Waters, D-Calif., released the Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321), legislation to provide a comprehensive stimulus and public policy response to the coronavirus pandemic. Yesterday, Chairwoman Waters sent out a press release indicating that this legislation remains a priority for the House Financial Services Committee Democrats. Read more on H.R. 6321 in coverage from ACA International here.

The U.S. House of Representatives is expected to return to Washington in the next couple of weeks.

ACA’s advocacy team hasn’t slowed its efforts in advocating to ensure that the industry’s role in providing consumer benefits is considered in these proposals. It is important to have policies that provide consumers with more options that will allow them to continue to access credit and services. This is critical due to the uncertainty about the length and severity of the economic impact related to the coronavirus.

The Senate is in session this week and starting to consider additional legislation.

Here are the latest updates on state guidance:

Iowa

Gov. Kim Reynolds issued a proclamation suspending garnishments. The order states, in Section 28, that it "temporarily suspend[s] the provisions of Iowa Code Chapter 642 authorizing garnishment and the provisions of Iowa Code Chapter 626 allowing execution of garnishment, except for those provisions relating to enforcement of domestic support orders."

The Iowa Judicial Branch also issued FAQs and advice to clerks on garnishments.

Illinois

The state’s stay at home order and non-essential business operations executive order has been modified to allow for some limited businesses to begin opening while being extended through May 30, 2020. 

North Carolina

Gov. Roy Cooper signed a new executive order modifying and extending the state’s stay at home order until Friday, May 22.  The new order goes into effect at 5 p.m. on Friday, May 8, and begins the state’s transition to Phase One of re-opening the state and easing certain COVID-19 restrictions.

Allowable activities identified in the order include:

"People may leave their homes to perform work at any business, nonprofit, government, or other organization that is not closed by this Executive Order. For example, and without limitation, people can leave the house for employment, or to serve as a contractor at a for-profit business, a nonprofit organization, a part of government, a single person business, a sole proprietorship, or any other kind of entity or operation.

Most businesses and organizations can be open. All businesses that are not closed under Section 5, which largely includes personal care and entertainment businesses, may operate. Some businesses must operate under restrictions, as stated in Sections 3, 4, 6, and 7 of this Executive Order. Significant restrictions still apply to most restaurants, bars, personal care businesses and entertainment facilities.

For more information on how the ACA Licensing staff can assist with your licensing needs, please contact us at Licensing@acainternational.org or call (952) 926-6547.


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

Loading...

Loading...

Scroll to Top