Amendment116th Congress
An amendment numbered 16 printed in Part A of House Report 116-79 to add a quarterly reporting requirement that CFPB provide Congress with the number of investigations opened and closed relating to payday/car-title lenders, how many enforcement actions taken, an estimate of how much in fees payday/car-title customers paid, how many times in the previous 12 months a payday customer rolled over their loan, and how many car title loan borrowers lost their car in the previous 12 months.
- Amendment Number
- 262
- Description
- An amendment numbered 16 printed in Part A of House Report 116-79 to add a quarterly reporting requirement that CFPB provide Congress with the number of investigations opened and closed relating to payday/car-title lenders, how many enforcement actions taken, an estimate of how much in fees payday/car-title customers paid, how many times in the previous 12 months a payday customer rolled over their loan, and how many car title loan borrowers lost their car in the previous 12 months.
- Purpose
- An amendment numbered 16 printed in Part A of House Report 116-79 to add a quarterly reporting requirement that CFPB provide Congress with the number of investigations opened and closed relating to payday/car-title lenders, how many enforcement actions taken, an estimate of how much in fees payday/car-title customers paid, how many times in the previous 12 months a payday customer rolled over their loan, and how many car title loan borrowers lost their car in the previous 12 months.
- Congress
- 116
- Type
- HAMDT
- Latest Action Date
- May 22, 2019
- Latest Action Text
- On agreeing to the Tlaib amendment (A016) Agreed to by voice vote.
- Latest Action Time
- 15:37:41
- Submitted Date
- May 22, 2019
- Chamber
- House of Representatives
- Update Date
- Feb 8, 2022