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H.R. 6625: To amend the Truth in Lending Act to modify the definition of credit sale.

The text of the bill below is as of Jul 26, 2018 (Introduced).


I

115th CONGRESS

2d Session

H. R. 6625

IN THE HOUSE OF REPRESENTATIVES

July 26, 2018

introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To amend the Truth in Lending Act to modify the definition of credit sale.

1.

Definition of credit sale

Section 103(h) of the Truth in Lending Act (15 U.S.C. 1602(h)) is amended by inserting (unless terminable without penalty at any time by the consumer) after or lease.