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Bill115th CongressFiled Jul 19, 2017Finance and Financial Sector
H.R. 3299

Protecting Consumers' Access to Credit Act of 2017

Bill journey · stage 2 of 5

Under committee review

Filed
Comm.
Floor
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Law

What it doesSummary passed house without amendment (Feb 14, 2018)

(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)

Protecting Consumers' Access to Credit Act of 2017

(Sec. 3) This bill amends the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to state that bank loans that are valid when made as to their maximum rate of interest in accordance with federal law shall remain valid with respect to that rate regardless of whether a bank has subsequently sold or assigned the loan to a third party.

What just happenedFeb 15, 2018

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Who’s behind it

Rep. McHenry, Patrick T. [R-NC-10](R-NC)Sponsor
3 cosponsors2 D1 R
Read on Congress.gov
3cosponsors2committees19actions2related bills5subjects
  1. Feb 15, 2018IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. Feb 14, 2018FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. Feb 14, 2018FloorH37100

    On passage Passed by the Yeas and Nays: 245 - 171 (Roll no. 78). (text: CR H1148)

  4. Feb 14, 2018Floor8000

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 245 - 171 (Roll no. 78).(text: CR H1148)

  5. Feb 14, 2018FloorH30000

    Considered as unfinished business. (consideration: CR H1169)

  6. Feb 14, 2018FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 3299, the Chair put the question on passage of the bill, and by voice vote announced the ayes had prevailed. Mr. Hensarling demanded the yeas and nays, and the Chair postponed further proceedings on the question of passage until later in the legislative day.

  7. Feb 14, 2018FloorH35000

    The previous question was ordered pursuant to the rule.

  8. Feb 14, 2018FloorH8D000

    DEBATE - The House proceeded with one hour of debate on H.R. 3299.

  9. Feb 14, 2018FloorH8D000

    Provides for consideration of H.R. 620 and H.R. 3978 under structured rules and H.R. 3299 under a closed rule. Each bill shall be debatable for one hour. The resolution provides for proceedings during the period of February 16, 2018 through February 23, 2018.

  10. Feb 14, 2018FloorH30000

    Considered under the provisions of rule H. Res. 736. (consideration: CR H1147-1155)

  11. Feb 13, 2018FloorH1L210

    Rules Committee Resolution H. Res. 736 Reported to House. Provides for consideration of H.R. 620 and H.R. 3978 under structured rules and H.R. 3299 under a closed rule. Each bill shall be debatable for one hour. The resolution provides for proceedings during the period of February 16, 2018 through February 23, 2018.

  12. Jan 30, 2018CalendarsH12410

    Placed on the Union Calendar, Calendar No. 402.

  13. Jan 30, 2018CommitteeH12200

    Reported by the Committee on Financial Services. H. Rept. 115-538.

    Financial Services Committee
  14. Jan 30, 2018Committee5000

    Reported by the Committee on Financial Services. H. Rept. 115-538.

    Financial Services Committee
  15. Nov 15, 2017Committee

    Ordered to be Reported by the Yeas and Nays: 42 - 17.

    Financial Services Committee
  16. Nov 15, 2017Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  17. Jul 19, 2017IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  18. Jul 19, 2017IntroReferralIntro-H

    Introduced in House

  19. Jul 19, 2017IntroReferral1000

    Introduced in House

Passed House without amendmentFeb 14, 201881

(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)

Protecting Consumers' Access to Credit Act of 2017

(Sec. 3) This bill amends the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to state that bank loans that are valid when made as to their maximum rate of interest in accordance with federal law shall remain valid with respect to that rate regardless of whether a bank has subsequently sold or assigned the loan to a third party.

Reported to House without amendmentJan 30, 201879

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Protecting Consumers' Access to Credit Act of 2017

(Sec. 3) This bill amends the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to state that bank loans that are valid when made as to their maximum rate of interest in accordance with federal law shall remain valid with respect to that rate regardless of whether a bank has subsequently sold or assigned the loan to a third party.

Introduced in HouseJul 19, 2017

Protecting Consumers' Access to Credit Act of 2017

This bill amends the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to state that bank loans that are valid when made as to their maximum rate of interest in accordance with federal law shall remain valid with respect to that rate regardless of whether a bank has subsequently sold or assigned the loan to a third party.

Protecting Consumers' Access to Credit Act of 2017 — Informed