H.R.1958: PACE Act of 2017

About This Bill

  • Introduced April 5, 2017
  • Latest Major Action April 5, 2017

Bill Cosponsor

Bill Version

Bill Summary

Protecting Americans from Credit Entanglements Act of 2017 or the PACE Act of 2017 This bill amends the Truth in Lending Act to extend that Act's requirements to real property retrofit loans. A "real property retrofit loan" is a loan that is: (1) secured by an interest in real property; (2) repayable in installment payments made concurrently with the payment of property taxes on the real property; and (3) used to finance real property...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.1958.

Bill Actions

Date Description
April 5, 2017
Referred to the House Committee on Financial Services.
April 5, 2017

Introduced in the House by Brad Sherman (D-Calif.)

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