H.R. 2329 · 112th Congress
Ensuring a Response for Servicemembers Act
- Stage
- In committee
- Sponsor
- Bill Johnson
- Introduced
- 2011-06-23
- Latest action
- 2011-07-21 · Subcommittee Consideration and Mark-up Session Held.
Summary
Ensuring a Response for Servicemembers Act - Directs each lending institution subject to specified interest rate requirements under the Servicemembers Civil Relief Act to designate an employee as a compliance officer responsible for ensuring the institution's compliance and distributing information to servicemembers regarding applicable obligations and liabilities.
Requires, during any fiscal year, such lending institutions with annual assets of at least $10 billion for the preceding fiscal year to maintain a toll-free telephone number and make the number available on the institution's primary Internet website.