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- S.172
S.172: SAFE Lending Act of 2013
About This Bill
- Introduced Jan. 29, 2013
- Latest Major Action Jan. 29, 2013
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (All Democrats)
Bill Summary
Stopping Abuse and Fraud in Electronic Lending Act of 2013 or SAFE Lending Act of 2013 - Amends the Electronic Fund Transfer Act to authorize the issuance of remotely created checks only if the consumer has designated in writing a person to issue them. Defines a "remotely created check" as one that: (1) is not created by the financial institution that holds the customer account from which the check is to be paid; and (2) does not bear a...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Jan. 29, 2013 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Jan. 29, 2013 |
Introduced in the Senate by Jeff Merkley (D-Ore.) |