Senate
Apr 27, 2026A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Truth in Lending (Regulation Z); Consumer Protections for Home Sales Financed Under Contracts for Deed".
Summary
AI Generated
What the bill does: This bill stops the Consumer Financial Protection Bureau (CFPB) from canceling rules that protect people buying homes through 'contracts for deed.' These are deals where the seller acts like a bank and finances the home. The rules make sure buyers get clear info and fair terms, like under Truth in Lending laws. Key...
Bill Progress
Committee is reviewing, marking up, or holding hearings on the bill
Introduced(3/26/26)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
CS
Mr. Schumer
Senate (D) New York
Topics
Issues
Latest Action
Placed on Senate Legislative Calendar under General Orders. Calendar No. 396.
Apr 27, 2026
View Bill on Congress.gov