SENATE 3549118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S5999-6000)
Predatory Lending Elimination Act
- Last Action
- 12/14/2023
Actions
- 2023-12-14Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S5999-6000)
- 2023-12-14Introduced in Senate
CRS Summary
As of 2023-12-14 (00)
Predatory Lending Elimination Act
This bill applies certain military consumer credit protections to all consumers. Specifically, the bill caps the interest rate on extensions of consumer credit at 36%.
Cosponsors (17)
- Jeff Merkley (D-OR)
- Sherrod Brown (D-OH)
- Tina Smith (D-MN)
- Richard Blumenthal (D-CT)
- Debbie Stabenow (D-MI)
- Raphael Warnock (D-GA)
- Sheldon Whitehouse (D-RI)
- Brian Schatz (D-HI)
- Ron Wyden (D-OR)
- Cory Booker (D-NJ)
- Ben Luján (D-NM)
- John Fetterman (D-PA)
- Peter Welch (D-VT)
- Alex Padilla (D-CA)
- Laphonza Butler (D-CA)
- Chris Van Hollen (D-MD)
- Martin Heinrich (D-NM)
Sourced from Congress.gov (public domain).
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