There is 1 version of this bill. View text

Click the check-box to add or remove the section, click the text link to scroll to that section.
Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Transparency in Military Lending Act of 2013

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend title 10, United States Code, to require additional disclosures when lending to military members and their dependents, and for other purposes.

Actions Overview (1)

12/10/2013Introduced in House

All Actions (3)

01/24/2014Referred to the Subcommittee on Military Personnel.
Action By: Committee on Armed Services
12/10/2013Referred to the House Committee on Armed Services.
Action By: House of Representatives
12/10/2013Introduced in House
Action By: House of Representatives

Cosponsors (0)

No cosponsors.

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Armed Services12/10/2013 Referred to
House Armed Services Subcommittee on Military Personnel01/24/2014 Referred to

No related bill information was received for H.R.3691.

Latest Summary (1)

There is one summary for H.R.3691. View summaries

Shown Here:
Introduced in House (12/10/2013)

Transparency in Military Lending Act of 2013 - Requires a creditor to provide to a member of the Armed Forces on active regular, reserve, or National Guard duty or such member's dependent, with respect to any extension of consumer credit, and to obtain the member's or dependent's signed acknowledgement of: (1) a statement that the Department of Defense (DOD) and each service branch offers a variety of financial counseling services; (2) a statement that other, potentially lower interest rate loans may be available through other financial institutions and military relief societies; (3) contact information for the nearest DOD financial counseling office; and (4) the actual cost of the extension of credit when paid off at different points over time.

Directs the Secretary of Defense to prepare a list of DOD financial counseling offices and make such list available to creditors and the public.