To delay the effective date of the final rule of the Bureau of Consumer Financial Protection titled "Prepaid Accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth In Lending Act (Regulation Z)".
Prepaid Account Compliance and Extension Relief Act of 2017 or the PACER Act of 2017 This bill delays, by one year, implementation of the "Prepaid Accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z)" rule finalized by the Consumer Financial Protection Bureau on November 22, 2016. (The rule establishes various consumer protections with respect to prepaid accounts.)
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationConsumer creditConsumer Financial Protection Bureau
To delay the effective date of the final rule of the Bureau of Consumer Financial Protection titled "Prepaid Accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth In Lending Act (Regulation Z)".
USA115th CongressHR-1801| House
| Updated: 3/30/2017
Prepaid Account Compliance and Extension Relief Act of 2017 or the PACER Act of 2017 This bill delays, by one year, implementation of the "Prepaid Accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z)" rule finalized by the Consumer Financial Protection Bureau on November 22, 2016. (The rule establishes various consumer protections with respect to prepaid accounts.)
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationConsumer creditConsumer Financial Protection Bureau