# 119-hr-9275: Buy Now Pay Later Consumer Protection Act of 2026

119-hr-9275, Buy Now Pay Later Consumer Protection Act of 2026, is a 119th Congress bill sponsored by Rep. Goldman, Daniel S. [D-NY-10] (D-NY); status introduced; PRIA reads it as touching household money (as of 2026-07-25).

- Canonical: https://policyrisk.com/legislation/119-hr-9275
- As of: 2026-07-25
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9275
- Congress: 119
- Title: Buy Now Pay Later Consumer Protection Act of 2026
- Status: introduced
- Introduced: 2026-06-11
- Sponsor: Rep. Goldman, Daniel S. [D-NY-10] (D-NY)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-07-25

## Summary

**Treats buy now, pay later loans as credit under the Truth in Lending Act.** This bill would add a definition for buy now, pay later loans as closed-end consumer loans repaid in no more than 4 interest-free installments with no finance charge, and it would require the Consumer Financial Protection Bureau to issue implementing rules within 180 days. - Consumers: Would bring buy now, pay later purchases under Truth in Lending Act rules and disclosures by defining those plans as credit. This changes the legal category for these short installment loans. - BNPL providers: Would classify buy now, pay later issuers as credit issuers and make them subject to the act's obligations. The bill directs that parts of Regulation Z apply to those issuers. - Regulators: Would require the Bureau to write rules within 180 days that follow the Bureau's May 31, 2024 interpretive rule and to apply subpart B and 12 C.F.R. 1026.60 to buy now, pay later issuers.

## Provisions PRIA read

- New rules for buy now, pay later: benefit, medium. If enacted, the bill would add a new definition for buy now, pay later (BNPL) loans. It would define BNPL as a closed-end loan repaid in not more than four interest-free installments, with no finance charge, provided at the time of purchase. The bill would require the CFPB to issue rules within 180…

## Related bills

- 119-hr-6900: American Affordability Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026
- 119-hr-7973: Momnibus Act
- 119-hr-5658: Child Care for Every Community Act
- 119-hr-3971: Domestic Workers Bill of Rights Act

## Sources
- [119-hr-9275 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9275)

## Related
- [119-hr-6900: American Affordability Act of 2025](https://policyrisk.com/legislation/119-hr-6900)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-5658: Child Care for Every Community Act](https://policyrisk.com/legislation/119-hr-5658)
- [119-hr-3971: Domestic Workers Bill of Rights Act](https://policyrisk.com/legislation/119-hr-3971)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9275 (as of 2026-07-25).