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S. 500 (111th): Protecting Consumers from Unreasonable Credit Rates Act of 2009

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A bill to amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions.

The bill’s titles are written by its sponsor.

Sponsor and status

Photo of sponsor Richard Durbin

Richard Durbin

Sponsor. Senator for Illinois. Democrat.

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Last Updated: Feb 26, 2009
Length: 10 pages
Introduced
Feb 26, 2009
111th Congress (2009–2010)
Status
Died in a previous Congress

This bill was introduced on February 26, 2009, in a previous session of Congress, but it did not receive a vote.

Cosponsors

4 Cosponsors (4 Democrats)

Source
Congress.gov

History

Jul 17, 2008
 
Earlier Version — Introduced

This activity took place on a related bill, S. 3287 (110th).
Feb 26, 2009
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Read Text »

Jul 26, 2012
 
Reintroduced Bill — Introduced

This activity took place on a related bill, S. 3452 (112th).
Apr 9, 2013
 
Reintroduced Bill — Introduced

This activity took place on a related bill, S. 673 (113th).
Mar 23, 2015
 
Reintroduced Bill — Introduced

This activity took place on a related bill, S. 838 (114th).
Jul 27, 2017
 
Reintroduced Bill — Introduced

This activity took place on a related bill, S. 1659 (115th).
Apr 29, 2019
 
Reintroduced Bill — Introduced

This activity took place on a related bill, S. 1230 (116th).
Jul 14, 2021
 
Reintroduced Bill — Introduced

This activity took place on a related bill, S. 2349.

S. 500 (111th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 500. This is the one from the 111th Congress.

This bill was introduced in the 111th Congress, which met from Jan 6, 2009 to Dec 22, 2010. Legislation not passed by the end of a Congress is cleared from the books.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“S. 500 — 111th Congress: Protecting Consumers from Unreasonable Credit Rates Act of 2009.” www.GovTrack.us. 2009. July 30, 2021 <https://www.govtrack.us/congress/bills/111/s500>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.