SAFE Lending Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9679 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9679 To amend the Truth in Lending Act to address certain issues relating to the extension of consumer credit, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 19, 2024 Ms. Bonamici (for herself, Ms. Jayapal, Ms. Garcia of Texas, and Ms. Porter) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Truth in Lending Act to address certain issues relating to the extension of consumer credit, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Stopping Abuse and Fraud in Electronic Lending Act of 2024'' or the ``SAFE Lending Act of 2024''. SEC. 2. CONSUMER CONTROL OVER BANK ACCOUNTS. (a) Prohibiting Unauthorized Remotely Created Checks.--Section 905 of the Electronic Fund Tran…