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- H.R.5023
H.R.5023: SAFE Lending Act of 2016
About This Bill
- Introduced April 21, 2016
- Latest Major Action April 21, 2016
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
12 (All Democrats)
Bill Summary
Stopping Abuse and Fraud in Electronic Lending Act of 2016 or the SAFE Lending Act of 2016 This bill amends the Electronic Fund Transfer Act (EFTA) to declare that a remotely created check may only be issued by a person specifically designated in writing by the consumer to the insured depository institution at which the consumer maintains the account from which the check is drawn. A remotely created check is a paper or electronic check that: ...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
April 21, 2016 |
Referred to the House Committee on Financial Services.
|
April 21, 2016 |
Introduced in the House by Suzanne Bonamici (D-Ore.) |