3.0.0 3036 2022-10-28T01:45:58Z 2022-10-28T01:45:58Z Senate S 2019-12-12 116 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2019-12-12T19:41:59Z 2019-12-12 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2019-12-12 Introduced in Senate IntroReferral 10000 9 Library of Congress J000300 Sen. Jones, Doug [D-AL] Doug Jones D AL N C001095 Sen. Cotton, Tom [R-AR] Tom Cotton R AR 2019-12-12 True M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2019-12-12 True Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Consumer Financial Protection Bureau Consumer credit Finance and Financial Sector 00 2019-12-12 Introduced in Senate 2020-09-01T21:09:50Z Unsolicited Loan Act of 2019

This bill prohibits a lender from providing an unsolicited loan check or similar instrument to a consumer. Additionally, a consumer is not liable for any debt incurred from such an instrument.

]]> Unsolicited Loan Act of 2019 Display Title Unsolicited Loan Act of 2019 Short Title(s) as Introduced Unsolicited Loan Act of 2019 Introduced in Senate IS Official Title as Introduced A bill to amend the Truth in Lending Act to prohibit the distribution of any check or other negotiable instrument as part of a solicitation by a creditor for an extension of credit, to limit the liability of consumers in conjunction with such solicitations, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-12-12T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3036is/xml/BILLS-116s3036is.xml 2019-12-12 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.