S. 3549 · 118th Congress
Predatory Lending Elimination Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ReedSponsor17 cosponsors · 17 D
D
Brown
RB
D
Blumenthal
CB
D
Booker
LB
D
Butler
JF
D
Fetterman
BL
D
Luján
JM
D
Merkley
AP
D
Padilla
DS
D
Stabenow
BS
D
Schatz
TS
D
Smith
RW
D
Wyden
RW
D
Warnock
PW
D
Welch
SW
D
Whitehouse
CV
D
Van Hollen
MH
D
Heinrich15 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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%.
What it does: CRS summary · Introduced in Senate · Dec 14, 2023
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%.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Predatory Lending Elimination Act
Latest action (Dec 14, 2023): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S5999-6000)
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Dec 14, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.