Congress 115 - HR 7299 - ASSURE Act of 2018

Sponsor

Cosponsors

Topics

Administrative law and regulatory procedures Banking and financial institutions regulation Civil actions and liability Consumer credit Consumer Financial Protection Bureau Disability and paralysis Finance and Financial Sector Financial services and investments Government employee pay, benefits, personnel management Government studies and investigations Interest, dividends, interest rates Legal fees and court costs Military personnel and dependents Veterans' pensions and compensation

Full Text

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Votes

Summary

Annuity Safety and Security Under Reasonable Enforcement Act of 2018 or the ASSURE Act of 2018

This bill (1) requires additional disclosures regarding financial products that use federal and military pension benefits as consideration, (2) limits the maximum interest rates on these financial products, (3) provides for a private right of action with respect to prohibited assignments of specified benefits for veterans and military retirees, and (4) otherwise revises provisions related to these benefits and products.

Actions

Dec 14, 2018

Referred to the Subcommittee on Military Personnel.
Dec 13, 2018

Referred to the Committee on Financial Services, and in addition to the Committees on Veterans' Affairs, Armed Services, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Dec 13, 2018

Introduced in House

Amendments

Related Bills