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- H.R.4018
H.R.4018: Consumer Protection and Choice Act
About This Bill
- Introduced Nov. 16, 2015
- Latest Major Action Nov. 16, 2015
Bill Sponsor
Bill Cosponsors
24 (9 Democrats, 15 Republicans)
Bill Summary
Consumer Protection and Choice Act This bill amends the Truth in Lending Act to prohibit a deferred presentment transaction except as provided under this Act. A "deferred presentment transaction" is one in which currency or other payment is provided to a consumer in exchange for a consumer's check or other payment instrument and an agreement that such check or payment instrument shall be held for a deferment period prior to presentment,...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Nov. 16, 2015 |
Referred to the House Committee on Financial Services.
|
Nov. 16, 2015 |
Introduced in the House by Dennis Ross (R-Fla.) |