To provide for additional protections and disclosures to consumers when financial products or services are related to the consumers' military or Federal pensions, and for other purposes.
USA115th CongressHR-7299| House
| Updated: 12/14/2018
Matt Cartwright
Democratic Representative
Pennsylvania
Military Personnel Subcommittee, Financial Services Committee, Veterans' Affairs Committee, Armed Services Committee, Oversight and Government Reform Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Annuity Safety and Security Under Reasonable Enforcement Act of 2018 or the ASSURE Act of 2018 This bill (1) requires additional disclosures regarding financial products that use federal and military pension benefits as consideration, (2) limits the maximum interest rates on these financial products, (3) provides for a private right of action with respect to prohibited assignments of specified benefits for veterans and military retirees, and (4) otherwise revises provisions related to these benefits and products.
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Timeline
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committees on Veterans' Affairs, Armed Services, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Military Personnel.
Finance and Financial Sector
Administrative law and regulatory proceduresBanking and financial institutions regulationCivil actions and liabilityConsumer creditConsumer Financial Protection BureauDisability and paralysisFinancial services and investmentsGovernment employee pay, benefits, personnel managementGovernment studies and investigationsInterest, dividends, interest ratesLegal fees and court costsMilitary personnel and dependentsVeterans' pensions and compensation
To provide for additional protections and disclosures to consumers when financial products or services are related to the consumers' military or Federal pensions, and for other purposes.
USA115th CongressHR-7299| House
| Updated: 12/14/2018
Annuity Safety and Security Under Reasonable Enforcement Act of 2018 or the ASSURE Act of 2018 This bill (1) requires additional disclosures regarding financial products that use federal and military pension benefits as consideration, (2) limits the maximum interest rates on these financial products, (3) provides for a private right of action with respect to prohibited assignments of specified benefits for veterans and military retirees, and (4) otherwise revises provisions related to these benefits and products.
View Full TextSuggested Questions
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Timeline
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committees on Veterans' Affairs, Armed Services, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Military Personnel.
Matt Cartwright
Democratic Representative
Pennsylvania
Military Personnel Subcommittee, Financial Services Committee, Veterans' Affairs Committee, Armed Services Committee, Oversight and Government Reform Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBanking and financial institutions regulationCivil actions and liabilityConsumer creditConsumer Financial Protection BureauDisability and paralysisFinancial services and investmentsGovernment employee pay, benefits, personnel managementGovernment studies and investigationsInterest, dividends, interest ratesLegal fees and court costsMilitary personnel and dependentsVeterans' pensions and compensation