H.R. 3299 - Protecting Consumers' Access to Credit Act of 2017
- Sponsor:
- Patrick T. McHenry
- Summary:
- To amend the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to require the rate of interest on certain loans remain unchanged after transfer of the loan, and for other purposes. (by CRS)
- Status:
- The bill was voted on in the House on February 14, 2018
PASSED on February 14, 2018.
1/2 required to pass
voted YES: 245
voted NO: 171
15 voted present/not voting
Protecting Consumers' Access to Credit Act of 2017
H.R. 3299 — 115th Congress (2017–2018)
- Summary
- To amend the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to require the rate of interest on certain loans remain unchanged after transfer of the loan, and for other purposes. (by CRS)
- Learn More
- At OpenCongress
- Title
- To amend the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to require the rate of interest on certain loans remain unchanged after transfer of the loan, and for other purposes.
- Other Titles
- Protecting Consumers' Access to Credit Act of 2017
- Protecting Consumers' Access to Credit Act of 2017
- Protecting Consumers' Access to Credit Act of 2017
- Protecting Consumers’ Access to Credit Act of 2017
- Protecting Consumers' Access to Credit Act of 2017
- Sponsor
- Patrick T. McHenry
- Co-Sponsors
- Subjects
- Finance and financial sector
- Banking and financial institutions regulation
- Consumer credit
- Credit and credit markets
- Federal preemption
- Interest, dividends, interest rates
- Related Bills
- S. 1642 (115th) : Protecting Consumers' Access to Credit Act of 2017
- H.Res. 736 (115th) : Providing for Consideration of the Bill (H.R. 620) to Amend the Americans with Disabilities Act of 1990 to Promote Compliance Through Education, to Clarify the Requirements for Demand Letters, to Provide for a Notice and Cure Period Before the Commencement of a Private Civil Action, and for Other Purposes; Providing for Consideration of the Bill (H.R. 3299) to Amend the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to Require the Rate of Interest on Certain Loans Remain Unchanged After Transfer of the Loan, and for Other Purposes; Providing for Consideration of the Bill (H.R. 3978) to Amend the Real Estate Settlement Procedures Act of 1974 to Modify Requirements Related to Mortgage Disclosures, and for Other Purposes; and Providing for Proceedings During the Period from February 16, 2018, Through February 23, 2018.
- Major Actions
Introduced 7/19/2017 Referred to Committee Passed House 2/14/2018 - Bill History
-
Chamber/Committee Motion Date Result currently selected House On Passage: H R 3299 Protecting Consumers’ Access to Credit Act of 2017 2/14/2018 This bill PASSED the House 245 voted YES 171 voted NO 15 voted present/not votingAction Date Description Introduced 7/19/2017 7/19/2017 Introduced in House 7/19/2017 Referred to the House Committee on Financial Services. 11/15/2017 Committee Consideration and Mark-up Session Held. Put on a legislative calendar 11/15/2017 Ordered to be Reported by the Yeas and Nays: 42 - 17. 1/30/2018 Reported by the Committee on Financial Services. H. Rept. 115-538. Put on a legislative calendar 1/30/2018 Placed on the Union Calendar, Calendar No. 402. 2/13/2018 Rules Committee Resolution H. Res. 736 Reported to House. Provides for consideration of H.R. 620 and H.R. 3978 under structured rules and H.R. 3299 under a closed rule. Each bill shall be debatable for one hour. The resolution provides for proceedings during the period of February 16, 2018 through February 23, 2018. 2/14/2018 Considered under the provisions of rule H. Res. 736. 2/14/2018 Provides for consideration of H.R. 620 and H.R. 3978 under structured rules and H.R. 3299 under a closed rule. Each bill shall be debatable for one hour. The resolution provides for proceedings during the period of February 16, 2018 through February 23, 2018. 2/14/2018 DEBATE - The House proceeded with one hour of debate on H.R. 3299. 2/14/2018 The previous question was ordered pursuant to the rule. 2/14/2018 POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 3299, the Chair put the question on passage of the bill, and by voice vote announced the ayes had prevailed. Mr. Hensarling demanded the yeas and nays, and the Chair postponed further proceedings on the question of passage until later in the legislative day. 2/14/2018 Considered as unfinished business. 2/14/2018 Motion to reconsider laid on the table Agreed to without objection. currently selected House Vote on Passage 2/14/2018 On Passage: H R 3299 Protecting Consumers’ Access to Credit Act of 2017 2/15/2018 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Number Sponsor Date Offered Status
Average contributions given to House members from interest groups that…
support this bill
Commercial banks & bank holding companies |
Credit unions |
Finance, Insurance & Real Estate |
Banks & lending institutions |
Financial services & consulting |
Small business associations |
Chambers of commerce |
oppose this bill
Democratic/Liberal |
Minority/Ethnic Groups |
General commercial unions |
Churches, clergy & religious organizations |
Health & welfare policy |
Human Rights |
Consumer groups |
Contributions data source: OpenSecrets.org