HR 5974 · 117th Congress · Finance and Financial Sector

Veterans and Consumers Fair Credit Act

Introduced 2021-11-15· Sponsored by Rep. Garcia, Jesus G. "Chuy" [D-IL-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2021-11-15)

Plain Language Summary

[AI summary unavailable — showing source text] Veterans and Consumers Fair Credit Act This bill applies certain military consumer credit protections to all consumers. Specifically, the bill caps the interest rate on extensions of consumer credit at 36%.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

19 Democrats1 Republican
Rep. Grothman, Glenn [R-WI-6]WI
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. Bonamici, Suzanne [D-OR-1]OR
Rep. Carson, Andre [D-IN-7]IN
Rep. Davis, Danny K. [D-IL-7]IL
Rep. Garcia, Sylvia R. [D-TX-29]TX
Rep. Jackson Lee, Sheila [D-TX-18]TX
Rep. Krishnamoorthi, Raja [D-IL-8]IL
Rep. Lieu, Ted [D-CA-33]CA
Rep. Lowenthal, Alan S. [D-CA-47]CA
Rep. Maloney, Carolyn B. [D-NY-12]NY
Rep. Payne, Donald M., Jr. [D-NJ-10]NJ
Rep. Pocan, Mark [D-WI-2]WI
Rep. Tlaib, Rashida [D-MI-13]MI
Rep. Watson Coleman, Bonnie [D-NJ-12]NJ
Del. Norton, Eleanor Holmes [D-DC-At Large]DC
Rep. Chu, Judy [D-CA-27]CA
Rep. Evans, Dwight [D-PA-3]PA
Rep. McNerney, Jerry [D-CA-9]CA
Rep. Castor, Kathy [D-FL-14]FL