S 1389 115th Congress Senate Finance and Financial Sector Banking and financial institutions regulation Consumer credit Contracts and agency Financial services and investments 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 Enforcement Act

Introduced: June 21, 2017 Introduced by: Reed, Jack Democratic · Rhode Island See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jun 21, 2017

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3688)

Jun 21, 2017

Introduced in Senate

Plain-English summary Congressional Research Service

Military Consumer Enforcement Act

This bill amends the Consumer Financial Protection Act to extend Consumer Financial Protection Bureau oversight and protection to persons covered by provisions of 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;
waiver of rights pursuant to a written agreement, excluding bailments; and
the rights and protections of reserves ordered to report for military service and persons ordered to report for induction.