S. 4072 · 117th Congress
Empowering States' Rights To Protect Consumers Act of 2022
- Stage
- In committee
- Sponsor
- Sheldon Whitehouse
- Introduced
- 2022-04-07
- Latest action
- 2022-04-07 · Introduced in Senate
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.