S.838: PACE Act of 2017

About This Bill

  • Introduced April 5, 2017
  • Latest Major Action May 11, 2017

Bill Sponsor

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)

Bill Actions

Date Description
May 11, 2017
Committee on Banking, Housing, and Urban Affairs. Hearings held.
May 11, 2017
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-56.
April 5, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
April 5, 2017

Introduced in the Senate by Tom Cotton (R-Ark.)

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