Senate Bill 2417
115th Congress(2017-2018)
SAFE Lending Act of 2018
Introduced
Introduced in Senate on Feb 13, 2018
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2417
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
Stopping Abuse and Fraud in Electronic Lending Act of 2018 or the SAFE Lending Act of 2018
This bill amends the Electronic Fund Transfer Act and the Truth in Lending Act. The bill revises requirements related to consumer financial protection and small-dollar lending, including matters concerning remotely created checks, electronic fund transfers, registration of small-dollar lenders, overdraft fees, and the collection of personal information.
February 13, 2018
02/13/2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
02/13/2018
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:40:25 PM