S 3734 · 115th Congress 2017โ€“2019, ended

Unsolicited Loan Act of 2018

Latest action · Dec 10, 2018 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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. IntroducedDec 10, 2018
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Unsolicited Loan Act of 2018

This bill prohibits a lender from providing an unsolicited loan check to a consumer.

Cosponsors 2

Members who signed on, in the order they did. All signed on Dec 10, 2018.

SeatCosponsorSigned on
D-ORJeff MerkleyOriginalDec 10, 2018
R-ARTom CottonOriginalDec 10, 2018

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
SenateBanking, Housing, and Urban Affairs Committee
Referred Dec 10, 2018

Actions 2

Everything that happened, newest first.

  1. Dec 10, 2018Introduced in Senate
  2. Dec 10, 2018Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Related bills 2

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

BillTitleRelationshipLatest action
S 3036Unsolicited Loan Act of 2019Reintroduced BillDec 12, 2019
HR 7354Small Business Lending Fairness ActRelated billDec 19, 2018

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
A bill to amend the Truth in Lending Act to prohibit the distribution of any check or other negotiable instrument as part of a solicitation by a creditor for an extension of credit, to limit the liability of consumers in conjunction with such solicitations, and for other purposes.
Short Titles as Introduced
Unsolicited Loan Act of 2018

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. Dec 10, 2018Introduced in Senate

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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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.