Code · BILL · 115th Congress · H.R. 3280 (Reported in House) — Making appropriations for financial services and general government for the fiscal year ending September 30, 2018, an... · Sec. 928

Sec. 928. Removal of authority to regulate small-dollar credit

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The Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5481 et seq.) is amended— in section 1024(a)(1)— in subparagraph (C), by adding or at the end; in subparagraph (D), by striking ; or and inserting a period; and by striking subparagraph (E); and in section 1027, by adding at the end the following: The Bureau may not exercise any rulemaking, enforcement, or other authority with respect to payday loans, vehicle title loans, or other similar loans. .

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§ 5481

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Sec. 928

Removal of authority to regulate small-dollar credit

U.S.C.§ 5481

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