S. 1389 — Military Consumer Enforcement Act

Summary

Military Consumer Enforcement Act

This bill amends the Consumer Financial Protection Act to extend Consumer Financial Protection Bureau oversight and protection to persons covered by provisions of the Servicemembers Civil Relief Act concerning:

future financial transactions, excluding insurance;
default judgments, excluding child custody proceedings;
interest rates on pre-service debts;
evictions;
purchase or lease installment contracts;
mortgages and trusts;
motor vehicle leases;
telephone service contracts;
waiver of rights pursuant to a written agreement, excluding bailments; and
the rights and protections of reserves ordered to report for military service and persons ordered to report for induction.

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Related Legislation

H.R. 3357Military Consumer Protection Act
2017-07-24Referred to the House Committee on Financial Services.
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Legislative Actions

2017-06-21
Introduced in Senate
2017-06-21
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3688)

Military Consumer Enforcement Act

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Summary

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Related Legislation

Legislative Actions

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