S 4072
117th Congress
Senate
Finance and Financial Sector
Empowering States' Rights To Protect Consumers Act of 2022
Introduced: April 7, 2022
Introduced by:
Whitehouse, Sheldon
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
Apr 7, 2022
Introduced in Senate
Apr 7, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Plain-English summary
Empowering States' Rights To Protect Consumers Act of 2022
This bill limits the annual percentage rate applicable to any consumer credit transaction (other than a residential mortgage transaction), including any associated fees, to the maximum rate permitted by the laws of the state in which the consumer resides.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1