HR 2979
114th Congress
House
Finance and Financial Sector
Banking and financial institutions regulation
Consumer credit
Contracts and agency
Housing finance and home ownership
Interest, dividends, interest rates
Lease and rental services
Military personnel and dependents
Motor vehicles
Telephone and wireless communication
Military Consumer Protection Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 8, 2015
Referred to the House Committee on Financial Services.
Jul 8, 2015
Introduced in House
Plain-English summary
Military Consumer Protection Act
This bill amends the Consumer Financial Protection Act to extend Consumer Financial Protection Bureau oversight and protection to provisions under the Servicemembers Civil Relief Act concerning:
- future financial transactions, excluding insurance;
- default judgments, excluding child custody proceedings;
- interest rates on pre-service debts;
- evictions;
- purchase or lease installment contracts;
- mortgages and trusts;
- motor vehicle leases;
- telephone service contracts; and
- waiver of rights pursuant to a written agreement, excluding bailments.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1