Clarity in Lending Act
Latest action · Dec 3, 2024 Placed on the Union Calendar, Calendar No. 652.
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.
- IntroducedMay 10, 2024
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Cosponsors 1
Members who signed on, in the order they did. All signed on May 16, 2024.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NE | Mike Flood | May 16, 2024 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred May 10, 2024Markup May 16, 2024Reported Dec 3, 2024 |
Actions 6
Everything that happened, newest first.
- Dec 3, 2024Reported (Amended) by the Committee on Financial Services. H. Rept. 118-789.
- Dec 3, 2024Placed on the Union Calendar, Calendar No. 652.
- May 16, 2024Committee Consideration and Mark-up Session Held
- May 16, 2024Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 22.
- May 10, 2024Introduced in House
- May 10, 2024Referred to the House Committee on Financial Services.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 170, no. 82, May 10, 2024, page H3005.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 118-1 | THE STATE OF TRANSPORTATION INFRASTRUCTURE AND SUPPLY CHAIN CHALLENGES192 pages | Transportation and Infrastructure Committee | Feb 1, 2023 |
CRS reports 3
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 3
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R48281 | Consumer-Style Protections for Small Businesses: Issues and Options for Congress | Report | Nov 25, 2024 |
| IF12769 | Overview of the Truth in Lending Act | Resource | Sep 19, 2024 |
| IN12376 | Banking Legislation in the 118th Congress | Insight | Jun 13, 2024 |
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1806 | Small LENDER Act | Related bill | Mar 27, 2023 |
| HR 1810 | Bank Loan Privacy Act | Related bill | Mar 27, 2023 |
| HR 8356 | Small Dollar Loan Certainty Act | Related bill | May 10, 2024 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To regulate small-dollar, short-term credit products, to protect the privacy of lenders, and to improve the unfair, deceptive, or abusive acts or practices authority of the Bureau of Consumer Financial Protection, and for other purposes.
- Short Title(s) as Introduced
- Clarity in Lending Act
- Short Title(s) as Reported to House
- Clarity in Lending Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 2
Each version as it was printed, newest first.
- Dec 3, 2024Reported in House
- May 10, 2024Introduced in House
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.
