Current Legislation

To lessen the burdens on interstate commerce by discouraging insubstantial lawsuits relating to COVID-19 while preserving the ability of individuals and businesses that have suffered real injury to obtain complete relief.

To extend the temporary relief for Federal student loan borrowers provided under the CARES Act.

To amend subtitle A of title II of division A of the CARES Act to provide a hardship waiver for certain overpayments of Pandemic Unemployment Assistance.

To amend the CARES Act to require an extension of subsidies for certain loan payments, and for other purposes.

To amend the Fair Credit Reporting Act to delay the reporting of medical debt by consumer reporting agencies, and for other purposes.

To extend the Payroll Support Program, and for other purposes.

To amend title 11 of the United States Code to increase the amount of the allowable homestead exemption.

To amend title 11 of the United States Code to increase the amount of the allowable homestead exemption.

To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.

To direct the Secretary of Agriculture to make payments to direct marketing farmers affected by COVID-19, and for other purposes. 

To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes.

To require the Bureau of Consumer Financial Protection to conduct an assessment of the use of certain educational data in determining the creditworthiness of an applicant, and for other purposes.

To apply the Truth in Lending Act to small business financing, to regulate brokers and require the licensing of brokers, and for other purposes.

To amend the Consumer Financial Protection Act of 2010 to provide for whistleblower incentives and protection.

To authorize Federal reserve banks to purchase COVID-19 related municipal issuances, and for other purposes.

To refinance Federal and private student loans, and for other purposes.

To provide a temporary moratorium on eviction filings, and for other purposes.

To prevent evictions, foreclosures, and unsafe housing conditions resulting from the COVID-19 pandemic, and for other purposes.

To amend title 11 of the United States Code to prohibit the payment of bonuses to highly compensated individuals employed by the debtor and insiders of the debtor to perform services during the bankruptcy case, and for other purposes.

To establish the Infrastructure Bank for America as a corporation to serve as a lender for and investor in infrastructure projects, and for other purposes.

To establish a $120,000,000,000 Restaurant Revitalization Fund to provide structured relief to food service or drinking establishments through December 31, 2020, and for other purposes.

To amend the CARES Act to add requirements for the Main Street Lending Program related to non-profit organizations, small businesses, minority depository institutions, and community development financial institutions, and for other purposes.

To protect stimulus checks from garnishment and fees and from being used as an offset by a credit union or depository institution, and for other purposes.

To provide expanded unemployment protection for employees and a limitation on liability for employers with respect to exposure to COVID-19.

To amend the Coronavirus Economic Stabilization Act of 2020 to place certain requirements on corporations receiving Federal aid related to COVID-19.

To amend the CARES Act to provide for notice of the eviction moratorium under such Act to be provided to tenants of dwelling units subject to such moratorium, and for other purposes.

To amend the Small Business Act to revise requirements under the paycheck protection program, and for other purposes.

To amend the Small Business Act to expand the Paycheck Protection Program for certain organizations, and for other purposes.

To authorize video teleconferencing and telephone conferencing of proceedings during the COVID–19 emergency period, and for other purposes.

To extend zero interest rate benefits and payment suspension to certain Federal student loan borrowers, and for other purposes.

To prohibit depository institutions from assessing overdraft and nonsufficient fund fees during the novel coronavirus crisis and other disasters, and for other purposes.

To make available insurance coverage for business interruption losses due to national emergencies, and for other purposes.

To amend the Higher Education Act of 1965 to halt collection of certain student loans, and for other purposes.

To provide relief from COVID–19 for small business concerns, and for other purposes.

To amend the Small Business Act to optimize the operations of the microloan program, lower costs for small business concerns and intermediary participants in the program, and for other purposes.

• developing, manufacturing, and procuring vaccines and other medical supplies;
• grants for state, local, and tribal public health agencies and organizations;
• loans for affected small businesses;
• evacuations and emergency preparedness activities at U.S. embassies and other State Department facilities; and
• humanitarian assistance and support for health systems in the affected countries.

• the Centers for Disease Control and Prevention,
• the National Institutes of Health, and
• the Public Health and Social Services Emergency Fund.

• Global Health Programs,
• International Disaster Assistance, and
• the Economic Support Fund.

To amend the Fair Debt Collection Practices Act to safeguard access to information for consumers and to stop abusive debt litigation, and for other purposes.

To amend the Fair Credit Reporting Act to provide protections for extended active duty uniformed consumers, and for other purposes.

To amend the Higher Education Act of 1965 to include court-ordered receivership in the list of actions resulting in a change of ownership of institutions of higher education.

To amend the Fair Debt Collection Practices Act to provide a timetable for verification of medical debt and to increase the efficiency of credit markets with more perfect information, to prohibit consumer reporting agencies from issuing consumer reports containing information about debts related to medically necessary procedure, about and for other purposes.

To amend the Fair Debt Collection Practices Act to prohibit debt collectors from collecting on certain Federal student loan debt when the borrower would not be required to make payments under an income-driven repayment plan, and for other purposes.

To amend the Fair Debt Collection Practices Act to prohibit debt collectors from collecting, or attempting to collect, on a debt of a consumer with respect to which the statute of limitations has expired, and for other purposes.

To amend the Fair Debt Collection Practices Act to clarify that the definition of a debt collector includes, in all cases, a person in a business the principal purpose of which is the enforcement of security interests.

To apply the Fair Debt Collection Practices Act to small businesses to the same extent as such Act applies to consumers, to require the Director of the Bureau of Consumer Financial Protection to define “small business” for purposes of such Act, and for other purposes.

To provide temporary authority to the Secretary of Education to reissue certain student loans to reduce interest rates paid by borrowers, and for other purposes.

To amend the Higher Education Act of 1965 to establish an income-based repayment for new loans on and after July 1, 2021, and for borrowers who enter income-based repayment after June 30, 2021, and for other purposes.

To amend the Higher Education Act of 1965 to provide for Federal student loan reform.

To amend the Higher Education Act of 1965 to terminate capitalization of interest after forbearance and certain deferment periods.

To provide for the discharge of a private education loan in the case of death or total and permanent disability of a student obligor, and for other purposes.

To amend title 28, United States Code, to modify venue requirements relating to bankruptcy proceedings.

To ensure that irresponsible corporate executives, rather than shareholders, pay fines and penalties.

To amend the Commodity Exchange Act to eliminate the double-sided confirmation requirement for swap data repositories.

To amend the Securities Exchange Act of 1934 to require issuers to disclose information on pay raises made to executives and non-executive employees, and for other purposes.

To amend the Internal Revenue Code of 1986 to allow distributions from qualified cash or deferred arrangements in the event that the employer files for chapter 11 bankruptcy and the employee is not regularly scheduled for work or paid.

To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, and for other purposes.

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to provide relief to nonbanks from certain stress test requirements under such Act.

To amend the Fair Debt Collection Practices Act to extend the provisions of that Act to cover a debt collector who is collecting debt owed to a State or local government, to index award amounts under such Act for inflation, to provide for civil injunctive relief for violations of such Act, and for other purposes.

To amend the Fair Credit Reporting Act to make improvements to the regulation of consumer reporting agencies and protect consumers, and for other purposes.

To amend the Higher Education Act of 1965 to provide for the relief of interest on certain Federal student loans.

To amend the Fair Credit Reporting Act to fix the consumer report dispute process, to ban misleading and unfair consumer reporting practices, and for other purposes.

To establish a whistleblower program at the Public Company Accounting Oversight Board (PCAOB), and for other purposes.

To amend the Fair Credit Reporting Act to remove adverse information for certain defaulted or delinquent private education loan borrowers who demonstrate a history of loan repayment, and for other purposes.

To amend the Higher Education Act of 1965 to reinstate the authority of the Secretary of Education to make Federal Direct Stafford Loans to graduate and professional students.

To increase purchasing power, strengthen economic recovery, and restore fairness in financing higher education in the United States through student loan forgiveness, caps on interest rates on Federal student loans, and refinancing opportunities for private borrowers, and for other purposes.

To establish student loan borrowers' rights to basic consumer protections, reasonable and flexible repayment options, access to earned credentials, and effective loan cancellation in exchange for public service, and for other purposes.

To protect consumers from usury.

To require the student loan ombudsman of the Department of Education to provide student loan data to the Bureau of Consumer Financial Protection, and for other purposes.

To amend title 11, United States Code, with respect to the definition of “family farmer.”

To view the House Judicicary Committee report submitted with H.R. 3311 referencing ABI's support for the legislation, please click here.

To establish an advisory office within the Bureau of Consumer Protection of the Federal Trade Commission to prevent fraud targeting seniors, and for other purposes.

To amend the Higher Education Act of 1965 to make technical improvements to the Net Price Calculator system so that prospective students may have a more accurate understanding of the true cost of college.

To amend the Internal Revenue Code of 1986 to increase the deduction allowed for student loan interest and to exclude from gross income discharges of income contingent or income-based student loan indebtedness.

To amend title 11 of the United States Code to include firearms in the types of property allowable under the alternative provision for exempting property from the estate.

To amend title 11 of the United States Code to prohibit the payment of bonuses to highly compensated individuals employed by the debtor and insiders of the debtor to perform services during the bankruptcy case; and for other purposes.

To amend title 9 of the United States Code with respect to arbitration.

To amend the Higher Education Act of 1965 to direct the Secretary of Education to develop a plain language disclosure form for borrowers of Federal student loans, and for other purposes.

To promote fair and transparent virtual currency markets by examining the potential for price manipulation.

To amend title 11 of the United States Code to make student loans dischargeable.

To amend the Consumer Financial Protection Act of 2010 to extend the supervisory authority of the Bureau of Consumer Financial Protection to include assessing compliance with the Military Lending Act.

To amend the Internal Revenue Code of 1986 to make permanent the exclusion from gross income of discharge of qualified principal residence indebtedness. 

To amend title 28, United States Code, to provide for the appointment of additional Federal circuit judges, to divide the Ninth Judicial Circuit of the United States into two judicial circuits, and for other purposes.

To establish an Office of Fair Lending Testing to test for compliance with the Equal Credit Opportunity Act, to strengthen the Equal Credit Opportunity Act and to provide for criminal penalties for violating such Act, and for other purposes.

To provide that the final rule of the Bureau of Consumer Financial Protection titled “Home Mortgage Disclosure (Regulation C)” shall have no force or effect.