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]
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.
Title
Empowering States' Rights To Protect Consumers Act of 2019
Sponsors
Sen. Sheldon Whitehouse [D-RI] | Sen. Jack Reed [D-RI] | Sen. Jeff Merkley [D-OR] | Sen. Elizabeth Warren [D-MA] |
Sen. Bernard Sanders [I-VT] |
History
Date | Chamber | Action |
---|---|---|
2019-04-03 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1006/all-info |
Text | https://www.congress.gov/116/bills/s1006/BILLS-116s1006is.pdf |