Bill115th CongressFiled Jun 21, 2017Finance and Financial Sector
S. 1389
Military Consumer Enforcement Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jun 21, 2017)
Military Consumer Enforcement Act
This bill amends the Consumer Financial Protection Act to extend Consumer Financial Protection Bureau oversight and protection to persons covered by provisions of 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;
- waiver of rights pursuant to a written agreement, excluding bailments; and
- the rights and protections of reserves ordered to report for military service and persons ordered to report for induction.
What just happenedJun 21, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3688)
Who’s behind it
Sen. Reed, Jack [D-RI](D-RI)Sponsor
16 cosponsors16 D
16cosponsors1committees2actions1related bills10subjects
- Introduced in SenateJun 21, 2017
- Jun 21, 2017IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3688)
Banking, Housing, and Urban Affairs Committee - Jun 21, 2017IntroReferral10000
Introduced in Senate