S. 1565
Referred to CommitteeMilitary Consumer Protection Act
Introduced 6/11/2015•114th Congress•Senate
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
6/11/2015 • Senate
Summary
Military Consumer Protection Act
This bill amends the Consumer Financial Protection Act to extend Consumer Financial Protection Bureau oversight and protection to provisions under the Servicemembers Civil Relief Act concerning:
- future financial transactions, excluding insurance;
- default judgments, excluding child custody proceedings;
- interest rates on pre-service debts;
- evictions;
- purchase or lease installment contracts;
- mortgages and trusts;
- motor vehicle leases;
- telephone service contracts; and
- waiver of rights pursuant to a written agreement, excluding bailments.
Introduced in Senate • 6/11/2015
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Topics & Subjects
Policy Area: Finance and Financial Sector
Banking and financial institutions regulationConsumer creditContracts and agencyFinancial services and investmentsHousing finance and home ownershipInterest, dividends, interest ratesLease and rental servicesMilitary personnel and dependentsMotor vehiclesTelephone and wireless communication
Congressional Votes (0)
No recorded votes yet
Roll call votes will appear here as the bill moves through Congress
Related Federal Spending
Sponsor & Cosponsors (14)
Party Breakdown
14
Democrats
0
Republicans
0
Independents
Sponsor
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Cosponsors (13)
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Bill Journey
Originated in the Senate
Introduced
June 11, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in Senate6/11/2015