The bill establishes a new section, W.S. 40-12-115, which prohibits medical facilities and collection entities from reporting medical debt to credit reporting agencies starting July 1, 2025. It defines key terms such as "collection entity," "credit report," "credit reporting agency," "health care product," "health care services," "medical debt," and "medical facility." Notably, "medical debt" is defined as any obligation related to health care products or services, excluding charges made to credit cards unless they are specifically for health care payments.

Additionally, the bill introduces a civil penalty for violations, allowing courts to impose fines equivalent to the amount of the medical debt reported. It also amends the definition section of the act to include the new section and clarifies that existing contracts prior to the effective date will not be affected. The act is set to take effect on July 1, 2025.

Statutes affected:
Introduced: 40-12-102