H.R.1566: Consumer Credit Access, Innovation, and Modernization Act

About This Bill

  • This bill was introduced in the 113th Congress
  • This bill is primarily about finance and financial sector
  • Introduced April 15, 2013
  • Latest Major Action March 26, 2014

Bill Summary

Consumer Credit Access, Innovation, and Modernization Act - Directs the Comptroller of the Currency to charter creditors which shall become Internet consumer credit corporations (Internet creditors) to offer financial products or services primarily to underserved consumers and small businesses. Requires an applicant for a federal charter to submit an application which includes: (1) a business plan for at least a three-year period with its...

(Source: Library of Congress)

Bill Actions

Date Description
March 26, 2014
Committee on Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection. Hearings held.
April 15, 2013
Referred to the House Committee on Financial Services.
April 15, 2013

Introduced in the House by Blaine Luetkemeyer (R-Mo.)

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