S. 1642
Referred to CommitteeProtecting Consumers' Access to Credit Act of 2017
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
7/27/2017 • Senate
Summary
Protecting Consumers' Access to Credit Act of 2017
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.
Introduced in Senate • 7/27/2017
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Related Federal Spending
Sponsor & Cosponsors (5)
Party Breakdown
Sponsor
Cosponsors (4)
Bill Journey
Originated in the Senate
Introduced
July 27, 2017
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