Bill116th CongressFiled Nov 12, 2019Finance and Financial Sector
H.R. 5050
Veterans and Consumers Fair Credit Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Nov 12, 2019)
Veterans and Consumers Fair Credit Act
This bill applies certain military consumer credit protections to all consumers. Specifically, the bill caps the interest rate on extensions of consumer credit at 36%.
What just happenedNov 12, 2019
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Garcia, Jesus G. "Chuy" [D-IL-4](D-IL)Sponsor
26 cosponsors25 D1 R
26cosponsors1committees4actions1related bills13subjects
- Introduced in HouseNov 12, 2019
- Nov 12, 2019IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Nov 12, 2019IntroReferralB00100
Sponsor introductory remarks on measure. (CR E1429)
- Nov 12, 2019IntroReferralIntro-H
Introduced in House
- Nov 12, 2019IntroReferral1000
Introduced in House