US SB1006 | 2019-2020 | 116th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on April 3 2019 - 25% progression, died in committee
Action: 2019-04-03 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Limits the annual percentage rate applicable to any consumer credit transaction (other than a residential mortgage transaction), including any associated fees, to the maximum rate permitted by the laws of the state in which the consumer resides.

Tracking Information

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Title

Empowering States' Rights To Protect Consumers Act of 2019

Sponsors


History

DateChamberAction
2019-04-03SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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