Bill114th CongressFiled Jun 11, 2015Finance and Financial Sector
S. 1565
Military Consumer Protection Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
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Became LawLaw
What it doesSummary introduced in senate (Jun 11, 2015)
Military Consumer Protection Act
This bill amends the Consumer Financial Protection Act to extend Consumer Financial Protection Bureau oversight and protection to provisions under the Servicemembers Civil Relief Act concerning:
- future financial transactions, excluding insurance;
- default judgments, excluding child custody proceedings;
- interest rates on pre-service debts;
- evictions;
- purchase or lease installment contracts;
- mortgages and trusts;
- motor vehicle leases;
- telephone service contracts; and
- waiver of rights pursuant to a written agreement, excluding bailments.
What just happenedJun 11, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Reed, Jack [D-RI](D-RI)Sponsor
13 cosponsors13 D
13cosponsors1committees2actions2related bills10subjects
- Introduced in SenateJun 11, 2015
- Jun 11, 2015IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jun 11, 2015IntroReferral10000
Introduced in Senate