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S. 4072

Empowering States' Rights To Protect Consumers Act of 2022

Empowering States' Rights To Protect Consumers Act of 2022

This bill limits the annual percentage rate applicable to any consumer credit transaction (other than a residential mortgage transaction), including any associated fees, to the maximum rate permitted by the laws of the state in which the consumer resides.

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

Sen. Whitehouse, Sheldon [D-RI](D-RI)Sponsor
4 cosponsors3 D1 I
4cosponsors1committees2actions
  1. IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Empowering States' Rights To Protect Consumers Act of 2022 — Informed