To delay the effective date of the final rule of the Bureau of Consumer Financial Protection titled "Prepaid Accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth In Lending Act (Regulation Z)".
Prepaid Account Compliance and Extension Relief Act of 2017 or the PACER Act of 2017
This bill delays, by one year, implementation of the "Prepaid Accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z)" rule finalized by the Consumer Financial Protection Bureau on November 22, 2016. (The rule establishes various consumer protections with respect to prepaid accounts.)
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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