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- S.2760
S.2760: SAFE Lending Act of 2016
About This Bill
- Introduced April 7, 2016
- Latest Major Action April 7, 2016
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
13 (12 Democrats, 1 Independent Democrat)
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 7, 2016 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1811-1812)
|
| April 7, 2016 |
Introduced in the Senate by Jeff Merkley (D-Ore.) |