H.R. 6944 (96th): National Usury Act


Mar 26, 1980
96th Congress, 1979–1980

Died in a previous Congress

This bill was introduced on March 26, 1980, in a previous session of Congress, but was not enacted.


Marion Snyder

Representative for Kentucky's 4th congressional district


About the bill

Full Title

A bill to provide that no person may charge interest at a rate which is greater than 10 percent per annum on loans exceeding $300, and for other purposes.

Summary (CRS)

3/26/1980--Introduced.National Usury Act - Establishes the legal rate of interest at ten percent per year.Provides that, except with respect to loans of less than $2,500 made by petty loan companies ... Read more >

The bill’s title was written by its sponsor.


Mar 26, 1980

This is the first step in the legislative process.

This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 6944”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


21 cosponsors (14D, 7R) (show)
Committee Assignments

The committee chair determines whether a bill will move past the committee stage.


There have been no roll call votes related to this bill.

Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 4572 (97th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Sep 23, 1981

H.R. 7185 (identical)

Referred to Committee
Last Action: Apr 29, 1980

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Primary Source

THOMAS.gov (The Library of Congress)

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