S. 4072 · 117th Congress · Senate

Empowering States' Rights To Protect Consumers Act of 2022

Active· Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Apr 7, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Empowering States' Rights To Protect Consumers Act of 2022

This bill limits the annual percentage rate applicable to any consumer credit transaction (other than a residential mortgage transaction), including any associated fees, to the maximum rate permitted by the laws of the state in which the consumer resides.