Consumer Credit
US Congress 114th Congress
FISA Reform Act of 2015 [S.1469]
FISA Reform Act of 2015 TITLE I--FISA BUSINESS RECORDS REFORMS Amends the Foreign Intelligence Surveillance Act of 1978 (FISA) to establish a new process to be followed when the Federal Bureau of Investigation (FBI) submits an application to a FISA court for an order requiring the production of business records or other tangible things for an investigation to obtain foreign intelligence information not concerning a U.S. person or to protect against international terrorism or clandestine intelligence activities. Prohibits the FBI from applying for
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Sponsored by: Sen. Dianne Feinstein
Read Twice And Referred To The Committee On The Judiciary. on 05/23/2015
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Andrew Prior Act Andrew's Law [S.1384]
Andrew Prior Act Andrew's Law This bill amends the Truth in Lending Act to discharge the repayment obligations of the estate of a borrower and any cosigner of a private educational loan if the borrower dies. The Consumer Financial Protection Bureau (CFPB) must develop necessary and appropriate safeguards to prevent fraud and abuse in the discharge of those obligations. The CFPB may promulgate regulations to reinstate those obligations in any case in which it determines that doing so is necessary to protect the public interest.
Sponsored by: Sen. Charles Schumer
Read Twice And Referred To The Committee On Health, Education, Labor, And Pensions. on 05/19/2015
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Freedom from Discrimination in Credit Act of 2015 [S.1330]
Freedom from Discrimination in Credit Act of 2015 Amends the Equal Credit Opportunity Act to expand the categories of prohibited discrimination when extending credit to include discrimination on account of sexual orientation or gender identity. (Currently, such discrimination in credit is prohibited only on the basis of race, color, religion, national origin, sex or marital status, or age.) Provides for such Act to apply whether the basis for certain prohibited forms of discrimination is actual or perceived. Defines: (1) "gender identity" as the
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Sponsored by: Sen. Dianne Feinstein
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 05/13/2015
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FAIR Student Credit Act of 2015 Federal Adjustment in Reporting Student Credit Act of 2015 [S.1309]
FAIR Student Credit Act of 2015 Federal Adjustment in Reporting Student Credit Act of 2015 Amends the Fair Credit Reporting Act to allow a person to request the removal of a previously reported default regarding a qualified education loan from a consumer report if: (1) the lender chooses to offer a loan rehabilitation program that requires a number of consecutive on-time monthly payments equal to the number of payments specified in a default reduction program under the Higher Education Act of 1965, and (2) the consumer of such loan successfully
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Sponsored by: Sen. Shelley Capito
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 05/12/2015
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Military Families Credit Reporting Act [S.1249]
Military Families Credit Reporting Act This bill amends the Fair Credit Reporting Act with respect to an item of adverse information about an active duty military consumer. Declares that, if the action or inaction that gave rise to the item occurred while the consumer was an active duty military consumer, then: (1) the consumer may provide appropriate proof, including official orders, to a consumer reporting agency that the consumer was an active duty military consumer at the time the action or inaction occurred; and (2) any consumer report made
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Sponsored by: Sen. Cory Booker
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 05/07/2015
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FIX Act FIX Credit Reporting Errors Act [S.1234]
FIX Act FIX Credit Reporting Errors Act Amends the Fair Credit Reporting Act with respect to the procedures followed by consumer reporting agencies when a consumer disputes the completeness or accuracy of information contained in the consumer's credit report. Requires consumer reporting agencies to: (1) expand the dispute notification furnished to any person who provided disputed information to include all documentation provided by the consumer, and (2) consider such consumer documentation when conducting reinvestigations of disputed information.
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Sponsored by: Sen. Amy Klobuchar
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 05/06/2015
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Consumer Privacy Protection Act of 2015 [S.1158]
Consumer Privacy Protection Act of 2015 Establishes a criminal offense for concealment of a security breach of computerized data containing sensitive personally identifiable information that results in economic harm of $1,000 or more to any individual. Authorizes the Department of Justice (DOJ) to commence a civil action to enjoin unauthorized persons or entities from accessing or transmitting computer commands commonly referred to as botnets that would impair the integrity or availability of 100 or more computers used by financial institutions
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Sponsored by: Sen. Edward Markey
Read Twice And Referred To The Committee On The Judiciary. (sponsor Introductory Remarks On Measure: Cr S2577-2578) on 04/30/2015
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USA FREEDOM Act of 2015 Uniting and Strengthening America by Fulfilling Rights and Ensuring Effective Discipline Over Monitoring Act of 2015 [S.1123]
USA FREEDOM Act of 2015 Uniting and Strengthening America by Fulfilling Rights and Ensuring Effective Discipline Over Monitoring Act of 2015 TITLE I--FISA BUSINESS RECORDS REFORMS Amends the Foreign Intelligence Surveillance Act of 1978 (FISA) to establish a new process to be followed when the Federal Bureau of Investigation (FBI) submits an application to a FISA court for an order requiring the production of business records or other tangible things for an investigation to obtain foreign intelligence information not concerning a U.S. person or
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Sponsored by: Sen. Mike Lee
Read Twice And Referred To The Committee On The Judiciary. (sponsor Introductory Remarks On Measure: Cr S2772-2773) on 04/28/2015
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Surveillance Order Reporting Act of 2015 [HB-689]
Surveillance Order Reporting Act of 2015 Permits electronic communications or remote computing service providers to report information to the public about requests and demands for information made by any government entity under a surveillance law and exempts such providers from liability with respect to that report even if the provider would otherwise be prohibited by a surveillance law from reporting that information. Allows a provider to report such information not more often than quarterly and only to the extent that the report reveals estimates
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Sponsored by: Rep. Ted Poe
Referred To The Subcommittee On Crime, Terrorism, Homeland Security, And Investigations. on 03/17/2015
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Eliminate Privacy Notice Confusion Act [HB-601]
Eliminate Privacy Notice Confusion Act (Sec. 2) Amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers.
Sponsored by: Rep. Sean Maloney
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 04/14/2015
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Financial CHOICE Act of 2016 [HB-5983]
Financial CHOICE Act of 2016 This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act, among other Acts, to: repeal the "Volcker Rule" (which restricts banks from making certain speculative investments); with respect to winding down failing banks, eliminate the Federal Deposit Insurance Corporation's orderly liquidation authority and establish new provisions regarding financial institution bankruptcy; and repeal the "Durbin Amendment" (which limits the fees that may be charged to retailers for debit card processing). Certain
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Sponsored by: Rep. Jeb Hensarling
Placed On The Union Calendar, Calendar No. 693. on 12/20/2016
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Expanding Rent-to-Own Protections Act of 2016 [HB-5928]
Expanding Rent-to-Own Protections Act of 2016
Sponsored by: Rep. John Delaney
Introduced In House on 07/25/2016
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Data Accountability and Trust Act [HB-580]
Data Accountability and Trust Act Requires the Federal Trade Commission (FTC) to promulgate regulations requiring each person engaged in interstate commerce that owns or possesses data containing personal information to establish specified security policies and procedures to treat and protect such information. Requires the regulations to include methods for disposing of both electronic and nonelectronic data. Requires information brokers to submit their security policies to the FTC in conjunction with a notification of a security breach notification
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Sponsored by: Rep. David Cicilline
Referred To The Subcommittee On Commerce, Manufacturing, And Trade. on 01/30/2015
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Fair Debt Collections Practices Clarification Act of 2016 [HB-5796]
Fair Debt Collections Practices Clarification Act of 2016 This bill amends the Fair Debt Collection Practices Act to permit the award of court costs and attorney fees to the defendant in an action to enforce liability for violating such Act only after finding that the action was brought in bad faith and for the purpose of harassment.
Sponsored by: Rep. Matthew Cartwright
Referred To The Subcommittee On The Constitution And Civil Justice. on 08/11/2016
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WAGE Act Wage and Garnishment Equity Act of 2016 [HB-5664]
WAGE Act Wage and Garnishment Equity Act of 2016
Sponsored by: Rep. Elijah Cummings
Introduced In House on 07/07/2016
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Protecting Veterans Credit Act of 2016 [HB-5593]
Protecting Veterans Credit Act of 2016 This bill amends the Fair Credit Reporting Act to exclude from a consumer report: (1) for one year, information related to a veteran's choice medical program (program) debt; and (2) information related to a fully paid or settled program debt that had been characterized as delinquent, charged off, or in collection. The Consumer Credit Protection Act is amended to provide a mechanism for veterans to dispute the inclusion of program debt already on a credit report. A consumer reporting agency shall, within 30
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Sponsored by: Rep. Ann Kuster
Introduced In House on 06/28/2016
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To amend the Consumer Financial Protection Act of 2010 to repeal the authority of the Bureau of Consumer Financial Protection to restrict arbitration, and for other purposes. [HB-5569]
To amend the Consumer Financial Protection Act of 2010 to repeal the authority of the Bureau of Consumer Financial Protection to restrict arbitration, and for other purposes. This bill amends the Consumer Financial Protection Act of 2010 to repeal the authority of the Consumer Financial Protection Bureau to restrict the use of an agreement between a financial product or service provider and a consumer providing for arbitration of any future dispute between the parties.
Sponsored by: Rep. Marlin Stutzman
Introduced In House on 06/22/2016
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ACCESS Act of 2016 Accounting for Consumer Credit and Encouraging State Solutions Act of 2016 [HB-5552]
ACCESS Act of 2016 Accounting for Consumer Credit and Encouraging State Solutions Act of 2016 This bill amends the Consumer Financial Protection Act of 2010 to require the Consumer Financial Protection Bureau (CFPB) to grant to a state or federally recognized Indian tribe that submits a written request a five-year waiver from a final rule or regulation issued by the CFPB to regulate payday loans, vehicle title loans, or other similar loans. The state or tribe receiving a waiver shall have the right to an unlimited number of five-year extensions
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Sponsored by: Rep. Jim Bridenstine
Introduced In House on 06/21/2016
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To amend the Consumer Financial Protection Act of 2010 to require that civil investigative demands be appealed to courts, and for other purposes. [HB-5522]
To amend the Consumer Financial Protection Act of 2010 to require that civil investigative demands be appealed to courts, and for other purposes. This bill amends the Consumer Financial Protection Act of 2010 regarding civil investigative demands made by the Consumer Financial Protection Bureau (CFPB) on a person in the course of an investigation. (Under current law, the CFPB may, before institution of any proceedings, serve a civil investigative demand on a person the CFPB has reason to believe may be in possession, custody, or control of any documentary
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Sponsored by: Rep. Stevan Pearce
Introduced In House on 06/16/2016
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RIGHTS at the CFPB Act of 2016 Reigning In of Governmental Hostility To Sovereignty at the CFPB Act of 2016 [HB-5521]
RIGHTS at the CFPB Act of 2016 Reigning In of Governmental Hostility To Sovereignty at the CFPB Act of 2016 This bill amends the Consumer Financial Protection Act of 2010 to authorize any person who is a party to an adjudicative administrative proceeding brought by the Consumer Financial Protection Bureau (CFPB), and against whom an order imposing a cease and desist order or a penalty may be issued at the proceeding's conclusion, to require the CFPB to terminate the proceeding. The termination request must be made within 20 days after the person
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Sponsored by: Rep. Luke Messer
Introduced In House on 06/16/2016