S 2417
115th Congress
Senate
Finance and Financial Sector
Administrative law and regulatory procedures
Bank accounts, deposits, capital
Banking and financial institutions regulation
Congressional oversight
Consumer Financial Protection Bureau
Consumer credit
Government studies and investigations
Indian social and development programs
Interest, dividends, interest rates
Internet and video services
Internet, web applications, social media
Licensing and registrations
Right of privacy
SAFE Lending Act of 2018
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 13, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 13, 2018
Introduced in Senate
Plain-English summary
Stopping Abuse and Fraud in Electronic Lending Act of 2018 or the SAFE Lending Act of 2018
This bill amends the Electronic Fund Transfer Act and the Truth in Lending Act. The bill revises requirements related to consumer financial protection and small-dollar lending, including matters concerning remotely created checks, electronic fund transfers, registration of small-dollar lenders, overdraft fees, and the collection of personal information.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1