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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Small Business and Consumer Emergency Credit Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Truth in Lending Act to extend the consumer credit protections provided to members of the Armed Forces and their dependents under title 10, United States Code, to all consumers.

Actions Overview (1)

Date Actions Overview
03/22/2020Introduced in Senate

All Actions (2)

Date All Actions
05/12/2020Committee on Banking, Housing, and Urban Affairs. Hearings held.
03/22/2020Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Action By: Senate

Cosponsors (1)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Brown, Sherrod [D-OH]* 03/22/2020

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
Senate Banking, Housing, and Urban Affairs03/22/2020 Referred to
05/12/2020 Hearings by

As of 08/05/2020 no related bill information has been received for S.3560 - Small Business and Consumer Emergency Credit Act

Latest Summary (1)

There is one summary for S.3560. View summaries

Shown Here:
Introduced in Senate (03/22/2020)

Small Business and Consumer Emergency Credit Act

This bill applies certain military consumer credit protections to all consumers, tax-exempt charitable organizations, and small businesses for credit extended during the COVID-19 (i.e., coronavirus disease 2019) emergency period. Specifically, the bill caps the interest rate on an extension of consumer credit at 36%.