3.0.0 3560 2022-02-08T23:23:06Z 2022-02-08T23:23:06Z Senate S 2020-03-22 116 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Hearings by 2020-05-12T14:00:34Z Referred to 2020-03-22T21:09:59Z 2020-05-12 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Hearings held. Committee 2020-03-22 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2020-03-22 Introduced in Senate IntroReferral 10000 9 Library of Congress V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD N B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2020-03-22 True Finance and Financial Sector Cardiovascular and respiratory health Civil actions and liability Consumer credit Emergency medical services and trauma care Infectious and parasitic diseases Interest, dividends, interest rates Small business Social work, volunteer service, charitable organizations State and local government operations Finance and Financial Sector 00 2020-03-22 Introduced in Senate 2020-04-23T19:06:46Z Small Business and Consumer Emergency Credit Act

This bill applies certain military consumer credit protections to all consumers, tax-exempt charitable organizations, and small businesses for credit extended during the COVID-19 (i.e., coronavirus disease 2019) emergency period. Specifically, the bill caps the interest rate on an extension of consumer credit at 36%.

]]> Small Business and Consumer Emergency Credit Act Display Title Small Business and Consumer Emergency Credit Act Short Title(s) as Introduced Small Business and Consumer Emergency Credit Act Introduced in Senate IS Official Title as Introduced A bill to amend the Truth in Lending Act to extend the consumer credit protections provided to members of the Armed Forces and their dependents under title 10, United States Code, to all consumers. Introduced in Senate IS Introduced in Senate 2020-03-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3560is/xml/BILLS-116s3560is.xml 2020-05-12 Committee on Banking, Housing, and Urban Affairs. Hearings held. 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.