Empowering States' Rights To Protect Consumers Act of 2026
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill creates introduces a neutral technical change provision: 2. Limits on annual percentage rates Chapter 2 of the Truth in Lending Act (15 U.S.C. 1631 et seq.) is amended by adding at the end the following: 140B.Limits on and creates introduces a neutral technical change provision: 140B. Limits on annual percentage rates Notwithstanding any other provision of law, the annual percentage rate applicable to any consumer credit transaction. The main policy areas are Finance, Civil Rights, and Housing.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Creates introduces a neutral technical change provision: 2. Limits on annual percentage rates Chapter 2 of the Truth in Lending Act (15 U.S.C. 1631 et seq.) is amended by adding at the end the following: 140B.Limits on...
- Creates introduces a neutral technical change provision: 140B. Limits on annual percentage rates Notwithstanding any other provision of law, the annual percentage rate applicable to any consumer credit transaction...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill creates introduces a neutral technical change provision: 2. Limits on annual percentage rates Chapter 2 of the Truth in Lending Act (15 U.S.C. 1631 et seq.) is amended by adding at the end the following: 140B.Limits on and creates introduces a neutral technical change provision: 140B. Limits on annual percentage rates Notwithstanding any other provision of law, the annual percentage rate applicable to any consumer credit transaction.
Key Policy Areas
Finance, Civil Rights, Housing
Primary Purpose
The bill creates introduces a neutral technical change provision: 2. Limits on annual percentage rates Chapter 2 of the Truth in Lending Act (15 U.S.C. 1631 et seq.) is amended by adding at the end the following: 140B.Limits on and creates introduces a neutral technical change provision: 140B. Limits on annual percentage rates Notwithstanding any other provision of law, the annual percentage rate applicable to any consumer credit transaction.
Policy Domains
Sponsors
Legislative Progress
In CommitteeRead twice and referred to the Committee on Banking, Housing, …
Introduced in Senate
Mr. Whitehouse (for himself, Ms. Warren, Mr. Reed, and Mr. …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology