US SB2417 | 2017-2018 | 115th Congress
Status
Spectrum: Strong Partisan Bill (Democrat 16-1)
Status: Introduced on February 13 2018 - 25% progression, died in committee
Action: 2018-02-13 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 13 2018 - 25% progression, died in committee
Action: 2018-02-13 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
SAFE Lending Act of 2018 Stopping Abuse and Fraud in Electronic 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.
Title
SAFE Lending Act of 2018 Stopping Abuse and Fraud in Electronic Lending Act of 2018
Sponsors
| Sen. Jeff Merkley [D-OR] | Sen. Patty Murray [D-WA] | Sen. Richard Blumenthal [D-CT] | Sen. Bernard Sanders [I-VT] |
| Sen. Ron Wyden [D-OR] | Sen. Edward Markey [D-MA] | Sen. Dianne Feinstein [D-CA] | Sen. Cory Booker [D-NJ] |
| Sen. Elizabeth Warren [D-MA] | Sen. Tom Udall [D-NM] | Sen. Tammy Baldwin [D-WI] | Sen. Tammy Duckworth [D-IL] |
| Sen. Tina Smith [D-MN] | Sen. Kirsten Gillibrand [D-NY] | Sen. Kamala Harris [D-CA] | Sen. Martin Heinrich [D-NM] |
| Sen. Richard Durbin [D-IL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-13 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB4999 (Related) 2018-02-13 - Referred to the House Committee on Financial Services.
Subjects
Administrative law and regulatory procedures
Bank accounts, deposits, capital
Banking and financial institutions regulation
Congressional oversight
Consumer credit
Consumer Financial Protection Bureau
Finance and financial sector
Government studies and investigations
Indian social and development programs
Interest, dividends, interest rates
Internet and video services
Licensing and registrations
Right of privacy
Bank accounts, deposits, capital
Banking and financial institutions regulation
Congressional oversight
Consumer credit
Consumer Financial Protection Bureau
Finance and financial sector
Government studies and investigations
Indian social and development programs
Interest, dividends, interest rates
Internet and video services
Licensing and registrations
Right of privacy
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/2417/all-info |
| Text | https://www.congress.gov/115/bills/s2417/BILLS-115s2417is.pdf |
