H.R. 4861 - EQUAL Act of 2018
- Sponsor:
- Trey Hollingsworth
- Summary:
- Status:
- The bill has passed through committee and has been put on a legislative calendar.
EQUAL Act of 2018
H.R. 4861 — 115th Congress (2017–2018)
- Summary
- To nullify certain guidance on deposit advance products, to require the Federal banking agencies to establish standards for short-term, small-dollar loans made by insured depository institutions, to exempt insured depository institutions and insured credit unions from the payday lending rule of the Bureau of Consumer Financial Protection, and for other purposes. (by CRS)
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- At OpenCongress
- Title
- To nullify certain guidance on deposit advance products, to require the Federal banking agencies to establish standards for short-term, small-dollar loans made by insured depository institutions, to exempt insured depository institutions and insured credit unions from the payday lending rule of the Bureau of Consumer Financial Protection, and for other purposes.
- Other Titles
- Ensuring Quality Unbiased Access to Loans Act of 2018
- EQUAL Act of 2018
- Ensuring Quality Unbiased Access to Loans Act of 2018
- Ensuring Quality Unbiased Access to Loans Act of 2018
- EQUAL Act of 2018
- EQUAL Act of 2018
- EQUAL Act of 2018
- Sponsor
- Trey Hollingsworth
- Co-Sponsors
- Subjects
- Finance and financial sector
- Administrative law and regulatory procedures
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Consumer credit
- Credit and credit markets
- Federal Deposit Insurance Corporation (FDIC)
- Related Bills
- Major Actions
Introduced 7/12/2017 - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 1/19/2018 7/12/2017 Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral. 1/19/2018 Introduced in House 1/19/2018 Referred to the House Committee on Financial Services. 3/21/2018 Committee Consideration and Mark-up Session Held. Put on a legislative calendar 3/21/2018 Ordered to be Reported by the Yeas and Nays: 34 - 26. 8/03/2018 Reported by the Committee on Financial Services. H. Rept. 115-890. Put on a legislative calendar 8/03/2018 Placed on the Union Calendar, Calendar No. 688. Number Sponsor Date Offered Status
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Contributions data source: OpenSecrets.org