A bill to amend the Truth in Lending Act to empower the States to set the maximum annual percentage rates applicable to consumer credit transactions, and for other purposes.
USA115th CongressS-1858| Senate
| Updated: 9/26/2017
Sheldon Whitehouse
Democratic Senator
Rhode Island
Cosponsors (4)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Empowering States' Rights To Protect Consumers Act of 2017 This bill amends the Truth In Lending Act to limit the annual percentage rate applicable to any consumer credit transaction (other than a residential mortgage transaction), including any associated fees, to the maximum rate permitted by the laws of the state in which the consumer resides.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Finance and Financial Sector
Consumer creditInterest, dividends, interest rates
A bill to amend the Truth in Lending Act to empower the States to set the maximum annual percentage rates applicable to consumer credit transactions, and for other purposes.
USA115th CongressS-1858| Senate
| Updated: 9/26/2017
Empowering States' Rights To Protect Consumers Act of 2017 This bill amends the Truth In Lending Act to limit the annual percentage rate applicable to any consumer credit transaction (other than a residential mortgage transaction), including any associated fees, to the maximum rate permitted by the laws of the state in which the consumer resides.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Sheldon Whitehouse
Democratic Senator
Rhode Island
Cosponsors (4)
Finance Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Consumer creditInterest, dividends, interest rates