HR 2859 · 109th Congress 2005–2007, ended

Servicemembers Interest Rate Relief Act of 2005

Fact sheet

Latest action · Jun 21, 2005 Referred to the Subcommittee on Economic Opportunity.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJun 9, 2005
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Servicemembers Interest Rate Relief Act of 2005 - Amends the Servicemembers' Civil Relief Act to revise the six percent maximum annual interest rate to be charged on debts incurred by a servicemember, and his or her spouse jointly, before the servicemember enters into military service and continuing for the duration of such military service, to the lesser of: (1) six percent per year; or (2) the annual rate of interest that would otherwise apply, reduced by one percentage point (but not below zero).

Cosponsors 4

Members who signed on, in the order they did. Signatures ran from Jun 9, 2005 to Jul 12, 2005, with 1 there on the day it was introduced.

SeatCosponsorSigned on
D-MDAlbert Russell WynnOriginalJun 9, 2005
D-MDC. A. Dutch RuppersbergerJun 24, 2005
R-FLGinny Brown-WaiteJun 24, 2005
R-MIJohn J.H. "Joe" SchwarzJul 12, 2005

Actions 3

Everything that happened, newest first.

  1. Jun 21, 2005Referred to the Subcommittee on Economic Opportunity.
  2. Jun 9, 2005Introduced in House
  3. Jun 9, 2005Referred to the House Committee on Veterans' Affairs.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 4563Servicemembers Interest Rate Relief Act of 2005Related billJan 3, 2006

Subjects

Assigned by the Library of Congress. Policy area: Armed Forces and National Security.

Text 1

Each version as it was printed, newest first.

  1. Jun 9, 2005Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.