To nullify certain guidance on deposit advance products, to require the Federal banking agencies to establish standards for short-term, small-dollar loans made by insured depository institutions, to exempt insured depository institutions and insured credit unions from the payday lending rule of the Bureau of Consumer Financial Protection, and for other purposes.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for Indiana's 9th congressional district. Republican.
Last Updated: Aug 3, 2018
Length: 6 pages
115th Congress (2017–2019)
This bill was introduced on March 21, 2018, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
1 Cosponsor (1 Republican)
Jan 19, 2018
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Mar 21, 2018
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.
Aug 3, 2018
Reported by House Committee on Financial Services
A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.
H.R. 4861 (115th) 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 H.R. 4861. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.
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GovTrack.us. (2021). H.R. 4861 — 115th Congress: EQUAL Act of 2018. Retrieved from https://www.govtrack.us/congress/bills/115/hr4861
“H.R. 4861 — 115th Congress: EQUAL Act of 2018.” www.GovTrack.us. 2018. September 19, 2021 <https://www.govtrack.us/congress/bills/115/hr4861>
EQUAL Act of 2018, H.R. 4861, 115th Cong..
|title=H.R. 4861 (115th)
|accessdate=September 19, 2021
|author=115th Congress (2018)
|date=January 19, 2018
|quote=EQUAL Act of 2018
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