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HR 4439 115th Congress House

Modernizing Credit Opportunities Act

Official title: To amend the Revised Statutes, the Bank Service Company Act, the Federal Deposit Insurance Act, and the Home Owners' Loan Act to clarify that the role of the i… Show full official titleShow less

Official title: To amend the Revised Statutes, the Bank Service Company Act, the Federal Deposit Insurance Act, and the Home Owners' Loan Act to clarify that the role of the insured depository institution as lender and the location of an insured depository institution under applicable law are not affected by any contract between the institution and a third-party service provider, and to clarify that Federal preemption of State usury laws applies to any loan to which an insured depository institution is the party to which the debt is initially owed according to its terms, and for other purposes.

Introduced: November 16, 2017 See on congress.gov
Finance and Financial Sector Banking and financial institutions regulationCredit and credit markets
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2017
Referred to the House Committee on Financial Services.
Nov 16, 2017
Introduced in House
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 Latest action November 16, 2017

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Modernizing Credit Opportunities Act

This bill provides that an agreement between an insured depository institution and a third-party service provider shall not affect (1) the depository institution's role as lender, or (2) the determination of the location of the depository institution.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 1 Republican 1
R
Sessions, Pete
Texas · May 21, 2018
Pittenger, Robert
· Feb 14, 2018
 D
Cuellar, Henry
Texas · Nov 16, 2017
McHenry, Patrick
· Nov 16, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4439: Modernizing Credit Opportunities Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4439/
MLA
"H.R. 4439: Modernizing Credit Opportunities Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4439/.
Bluebook (legal)
H.R. 4439, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4439/.
Markdown link
[H.R. 4439: Modernizing Credit Opportunities Act](https://openamerica.io/bill/115-HR-4439/)
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