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S.255 - Empowering States' Right To Protect Consumers Act of 2009111th Congress (2009-2010)

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Sponsor: Sen. Whitehouse, Sheldon [D-RI] (Introduced 01/15/2009)
Committees: Senate - Banking, Housing, and Urban Affairs
Latest Action: Senate - 01/15/2009 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.  (All Actions)

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Summary: S.255 — 111th Congress (2009-2010)All Information (Except Text)

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Introduced in Senate (01/15/2009)

Empowering States' Right To Protect Consumers Act of 2009 - Amends the Truth In Lending Act to limit the annual percentage rate (APR) 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.