Veterans and Consumers Fair Credit Act
Summary
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%.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2021
Committee Review
Floor Vote
President
Introduced Jul 28, 2021
Last action Sep 13, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
3
Committee
4
Sep 13, 2022
Upper · Passed
Committee on Banking, Housing, and Urban Affairs. Hearings held.
upper
Jan 5, 2022
Upper · Passed
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.
upper
Jul 29, 2021
Upper · Passed
Committee on Banking, Housing, and Urban Affairs. Hearings held.
upper
Jul 28, 2021
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S5143)
upper
Jul 28, 2021
Introduced
Introduced in Senate
upper
1 primary · 14 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jack Reed
DDemocratic
Co
Ben Ray Luján
DDemocratic
Co
Brian Schatz
DDemocratic
Co
Chris Van Hollen
DDemocratic
Co
Cory A. Booker
DDemocratic
Co
Debbie Stabenow
DDemocratic
Co
Dianne Feinstein
DDemocratic
Co
Jeff Merkley
DDemocratic
Co
Patrick J. Leahy
DDemocratic
Co
Raphael G. Warnock
DDemocratic
Co
Richard Blumenthal
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about S 2508
Scope: US
Hi! I can help you understand S 2508. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline