H.R. 3299
Referred to CommitteeProtecting Consumers' Access to Credit Act of 2017
Latest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2/15/2018 • Senate
Summary
(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)
Protecting Consumers' Access to Credit Act of 2017
(Sec. 3) This bill amends the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to state that bank loans that are valid when made as to their maximum rate of interest in accordance with federal law shall remain valid with respect to that rate regardless of whether a bank has subsequently sold or assigned the loan to a third party.
Passed House without amendment • 2/14/2018
Topics & Subjects
CBO Cost Estimates (1)
Related Federal Spending
Sponsor & Cosponsors (4)
Party Breakdown
Sponsor
Cosponsors (3)
Bill Journey
Originated in the House
Introduced
July 19, 2017
Committee Review
November 15, 2017
Ordered to be Reported by the Yeas and Nays: 42 - 17.
Floor Debate
February 14, 2018
Passed Chamber
February 14, 2018
Other Chamber
President
Enacted into Law
Text Versions (4)
Committee Reports (1)
Related Bills (2)
S. 1642
Protecting Consumers' Access to Credit Act of 2017
H.Res. 736
Providing for consideration of the bill (H.R. 620) to amend the Americans with Disabilities Act of 1990 to promote compliance through education, to clarify the requirements for demand letters, to provide for a notice and cure period before the commencement of a private civil action, and for other purposes; providing for consideration of the bill (H.R. 3299) to amend the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to require the rate of interest on certain loans remain unchanged after transfer of the loan, and for other purposes; providing for consideration of the bill (H.R. 3978) to amend the Real Estate Settlement Procedures Act of 1974 to modify requirements related to mortgage disclosures, and for other purposes; and providing for proceedings during the period from February 16, 2018, through February 23, 2018.