MI HB4329

Prohibits consumer reporting agencies from including medical debt information in consumer credit reports, with an exception for credit transactions exceeding the national conforming loan limit for a 1-unit property (set annually by the Federal Housing Finance Authority)

Defines "medical debt" as debt arising from health care services or goods, excluding debt charged to regular credit cards but including cards specifically issued for health care payments

Bars collection agencies from threatening that medical debt will appear on credit reports unless the exception for large credit transactions applies

Requires collection agencies to include a written statement in initial communications informing consumers that Michigan law prohibits reporting medical debt on consumer reports, with the noted exception

Allows individuals to sue for violations and recover actual damages, injunctive relief, and reasonable attorney fees if they prevail