Protecting Consumers' Access to Credit Act of 2017
Sponsored By: Representative McHenry, Patrick T. [R-NC-10]
Unknown
Summary
Protecting Consumers' Access to Credit Act of 2017 This bill amends the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to state that bank loans that are valid when made as to their maximum rate of interest in accordance with federal law shall remain valid with respect to that rate regardless of whether a bank has subsequently sold or assigned the loan to a third party.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
McHenry, Patrick T. [R-NC-10]
NC • R
Cosponsors
Rep. Meeks, Gregory W. [D-NY-5]
NY • D
Sponsored 7/19/2017
Rep. Moore, Gwen [D-WI-4]
WI • D
Sponsored 10/31/2017
Rep. Hollingsworth, Trey [R-IN-9]
IN • R
Sponsored 11/16/2017
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov