,,ii #aafth ,,congress #ast ,session ,s4 #bhhd ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,november #ah1 #bjai,mr4 ,wyden introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to apply the ,fair ,debt ,collection ,practices ,act to small business debt to the same extent as such ,act applies to consumers1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,small ,business ,fair ,debt ,collection ,protection ,act4 #b4 ,fair debt collection practices for loans to small businesses 7a7 ,in general ,the ,fair ,debt ,collection ,practices ,act 7#ae ,u4,s4,c4 #afib et seq47 is amended-- 7#a7 in section #hjc 7#ae ,u4,s4,c4 #afib;a7-- 7,a7 by striking 7#e7 and inserting the following3 7#e7 ,the term debt means any obligation or alleged obligation to pay money arising out of a transaction1 whether or not such obligation has been reduced to judgment4 2 and 7,b7 by adding at the end the following3 7#i7 ,the term commercial credit bureau means any person that-- 7,a7 for monetary fees1 dues1 or on a cooperative nonprofit basis1 regularly engages in whole or in part in the practice of assembling or evaluating commercial credit information or other information on businesses for the purpose of furnishing consumer reports to third parties2 and 7,b7 uses any means or facility of interstate commerce for the purpose of preparing or furnishing consumer reports4 7#aj7 ,the term consumer reports has the meaning given the term in section #fjc of this ,act4 2 and 7#b7 by inserting after section #hah the following3 #hah;,a4 ,application to small business debt 7a7 ,definition ,the term small business debt-- 7#a7 means any nonequity obligation or alleged obligation of a partnership1 corporation1 trust1 estate1 cooperative1 association1 government or governmental subdivision or agency1 or other entity that is less than #e1jjj1jjj2 and 7#b7 does not include any obligation or alleged obligation-- 7,a7 of an individual2 or 7,b7 that is primarily for personal1 family1 or household purposes4 7b7 ,application ,this ,act shall apply to small business debt to the same extent as this ,act applies to debt4 4 7b7 ,clerical amendment ,the table of contents for the ,fair ,debt ,collection ,practices ,act is amended by inserting after the item relating to section #hah the following3 #hah;,a4 ,application to small business debt4 4 7c7 ,conforming amendments ,the ,fair ,debt ,collection ,practices ,act 7#ae ,u4,s4,c4 #afib et seq47 is amended-- 7#a7 in section #hje7;b71 by inserting or a commercial credit bureau 7as applicable7 after consumer reporting agency2 7#b7 in section #hjf7c7-- 7,a7 by striking consumers who and inserting consumers or small businesses that2 and 7,b7 by inserting or to a commercial credit bureau 7as applicable71 after consumer reporting agency2 and 7#c7 in section #hjg7af71 by inserting or a commercial credit bureau after this ,act4