3.0.0 780 2026-01-15T17:58:21Z 2026-01-15T17:58:21Z Senate S S 2025-02-27 119 https://www.congress.gov/bill/119th-congress/senate-bill/780 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2025-02-27T17:45:29Z 119 1658 HR 2025-02-27 Referred to the House Committee on Financial Services. Related bill CRS 2025-02-27 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2025-02-27 Introduced in Senate IntroReferral 10000 9 Library of Congress M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR N S000033 Sen. Sanders, Bernard [I-VT] Bernie Sanders I VT 2025-02-27 True W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2025-02-27 True V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2025-02-27 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2025-02-27 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2025-02-27 True S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN 2025-02-27 True M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. 2025-02-27 True B001288 Sen. Booker, Cory A. [D-NJ] Cory Booker D NJ 2025-02-27 True B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2025-02-27 True H001046 Sen. Heinrich, Martin [D-NM] Martin Heinrich D NM 2025-03-25 False L000570 Sen. Lujan, Ben Ray [D-NM] Ben Luján D NM R. 2025-04-01 False Finance and Financial Sector Finance and Financial Sector 2025-03-21T18:39:59Z

00 2025-02-27 Introduced in Senate 2026-01-15T17:58:07Z <p><strong>Stopping Abuse and Fraud in Electronic Lending Act of 2025 or the SAFE Lending Act of 2025</strong></p><p>This bill creates additional consumer protections applicable to certain credit and&nbsp;banking transactions, including matters concerning remotely created checks, electronic fund transfers, registration of small-dollar lenders, overdraft fees, and the collection of personal information.</p><p>Under the bill, remotely created checks may only be issued by a person specifically designated in writing by a consumer.&nbsp;The consumer must&nbsp;provide the designation to the consumer's depository institution. (A remotely created check is a check not issued by the bank and not signed by the account owner.)</p><p>A voluntary agreement to repay a small-dollar consumer credit transaction by an electronic fund transfer is subject to certain protections, including the right of the consumer to stop payment.</p><p>Small-dollar consumer credit providers must register with the Consumer Financial Protection Bureau. Any small-dollar consumer credit transaction is subject to the laws of the state in which the consumer resides.</p><p>The bill also prohibits overdraft fees on prepaid accounts.</p>

Display Title 45 2025-04-02T13:18:34Z Short Title(s) as Introduced 101 2025-03-21T04:38:22Z Introduced in Senate IS Short Title(s) as Introduced 101 2025-03-21T04:38:22Z Introduced in Senate IS Official Title as Introduced 6 2025-03-21T04:34:10Z Introduced in Senate IS Introduced in Senate 2025-02-27T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119s780is/xml/BILLS-119s780is.xml 2025-02-27 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.