S. 1229Senate113th Congress (2013-2015)In Committee

Empowering States' Rights To Protect Consumers Act of 2013

Introduced June 26, 2013

Legislative Activity

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2 earlier actions
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

June 26, 2013

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SenateIntro Referral

Introduced in Senate

June 26, 2013

SenateIntro Referral

Sponsor introductory remarks on measure. (CR S5268-5269)

June 26, 2013

SenateIntro Referral

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

June 26, 2013

Floor Debate

22 members

What members said about S. 1229 on the floor

9 Republicans11 Democrats2 Independents
Chuck Grassley
Sen. Chuck GrassleyR-IA · Jun 26, 2013

I have expressed my frustration many times, and more often in the last week, about the lack of progress on getting votes. We have been on this bill for 3 weeks. Yet we have only dealt with nine…

Jeff Sessions
Sen. Jeff SessionsR-AL · Jun 26, 2013

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, we will have a vote before much longer on the question of whether the legislation before us…

Dianne Feinstein
Sen. Dianne FeinsteinD-CA · Feb 28, 2013

Mr. President, I rise today with my friend and colleague from Vermont, Senator Leahy to introduce the Cluster Munitions Civilian Protection Act of 2013. Our legislation places common sense…

Michael F. Bennet
Sen. Michael F. BennetD-CO · Jun 26, 2013

Mr. President, I was here to talk about immigration, and that is what I will talk about. But I have been caught in a crossfire on this subject, and I want to say my view is this is exactly what…

Robert Menendez
Sen. Robert MenendezD-NJ · Jun 26, 2013

I ask for the yeas and nays. Mr. President, I know many of my colleagues are very talented attorneys. I am reminded of the adage that when you are a lawyer, if you have the law on your side, you…

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Mary L. Landrieu
Sen. Mary L. LandrieuD-LA · Feb 28, 2013

Mr. President, I come to the floor today to speak on an issue that is of great importance to my home State of Louisiana: Federal disaster assistance. As you know, along the Gulf Coast, we keep an eye…

Rob Portman
Sen. Rob PortmanR-OH · Jun 26, 2013

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, I rise today to talk about the underlying immigration bill, but, more importantly, to talk about…

William M. Cowan
Sen. William M. CowanD-MA · Jun 26, 2013

Mr. President, I ask unanimous consent to speak for up to 15 minutes as in morning business. Mr. President, I rise today in my final full work week and not yet 150 days into my Senate career, yet at…

Dianne Feinstein
Sen. Dianne FeinsteinD-CA · Jun 26, 2013

Mr. President, I come to the floor today in support of S. 744, the bipartisan comprehensive immigration reform bill before the Senate. Through the process of negotiation and compromise, including 212…

Patrick J. Leahy
Sen. Patrick J. LeahyD-VT · Jun 26, 2013

Madam President, I yield 10 minutes to the distinguished Senator from North Dakota, and I ask unanimous consent that the last 5 minutes be reserved for the Senator from Vermont. Madam President, the…

John Thune
Sen. John ThuneR-SD · Jun 26, 2013

Mr. President, I want to speak to the underlying legislation that we are debating in the Senate today. I want to acknowledge that, like many of my colleagues in the Senate, I am a descendant of…

James M. Inhofe
Sen. James M. InhofeR-OK · Jun 26, 2013

Mr. President, I ask unanimous consent that after the Senator from Massachusetts makes his remarks that Senator Grassley be recognized, then I be recognized after him, and then Senator Kaine, those…

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Jun 26, 2013

Mr. President, I ask unanimous consent to speak as if in morning business for 10 minutes. Mr. President, I was here on the floor when Senator Mo Cowan gave his farewell remarks. He came to the Senate…

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Marco Rubio
Sen. Marco RubioR-FL · Jun 26, 2013

Mr. President, over the last few days I have received numerous e-mails and calls from conservatives and tea party activists from across the country regarding immigration. Their opinions really matter…

Mary L. Landrieu
Sen. Mary L. LandrieuD-LA · Jun 26, 2013

Madam President, I come to the floor this morning to talk to an issue I have been speaking about for a couple of days. I most certainly can appreciate the frustration of the Senator from Alabama and…

Charles E. Schumer
Sen. Charles E. SchumerD-NY · Jun 26, 2013

Mr. President, thank you. I thank the Senator from Ohio for his good work on his piece of legislation. I will talk about that in a minute. I want to just talk in general about where we are.…

Al  Franken
Sen. Al Franken D-MN · Jun 26, 2013

Madam President, I ask unanimous consent to speak as in morning business. Madam President, I rise today to talk about college affordability and student loan interest rates. But before I do that, I…

Harry Reid
Sen. Harry ReidD-NV · Jun 26, 2013

Madam President, I will use leader time so I can talk. We are going to be in a vote in a few minutes to waive the Budget Act, and then we are going to have two more. One is on the adoption of the…

Bob Corker
Sen. Bob CorkerR-TN · Jun 26, 2013

Madam President, it is my understanding that Senator Leahy is yielding time--or maybe it is Senator Landrieu who is yielding time. Somebody is yielding time. Madam President, I want to speak today on…

Angus S. King Jr.
Sen. Angus S. King Jr.I-ME · Jun 26, 2013

Mr. President, I rise in morning business, and I request unanimous consent for 15 minutes for remarks. We all know that next Thursday, a week from tomorrow, is our Nation's most important…

Richard C. Shelby
Sen. Richard C. ShelbyR-AL · Jun 26, 2013

Mr. President, before I begin my remarks on immigration reform, I would like to acknowledge the diligence and leadership of my colleague from Alabama Senator Sessions, who has spent a lot of hours on…

John D. Rockefeller IV
Sen. John D. Rockefeller IVD-WV · Feb 28, 2013

Mr. President, today I am joining my colleagues Senators, Crapo, Wyden, and Moran in introducing the Short Line Railroad Rehabilitation and Investment Act of 2013, legislation to extend for 3 years…

Bernard Sanders
Sen. Bernard SandersI-VT · Jun 26, 2013

Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, we have a major crisis in our country today in terms of the high cost of a college education,…

Daniel Coats
Sen. Daniel CoatsR-IN · Jun 26, 2013

Mr. President, I want to say how much I respect the Senator from Florida. I respect his viewpoint. I respect the amount of effort he has put into this issue, which is a very difficult and a very…

Bill Text

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Introduced in SenateIssued June 26, 2013

II

113th CONGRESS

1st Session

S. 1229

IN THE SENATE OF THE UNITED STATES

June 26, 2013

Mr. Whitehouse (for himself and Ms. Warren) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To amend the Truth in Lending Act to empower the States to set the maximum annual percentage rates applicable to consumer credit transactions, and for other purposes.

1.

Short title

This Act may be cited as the “Empowering States' Rights To Protect Consumers Act of 2013”.

2.

Limits on annual percentage rates

Chapter 2 of the Truth in Lending Act (15 U.S.C. 1631 et seq.) is amended by adding at the end the following:

140B.

Limits on Annual Percentage Rates

Notwithstanding any other provision of law, the annual percentage rate applicable to any consumer credit transaction (other than a residential mortgage transaction), including any fees associated with such a transaction, may not exceed the maximum rate permitted by the laws of the State in which the consumer resides.

.