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<br/>5/10/2006--Introduced.<br/>Federal Payday Loan Consumer Protection Amendments of 2006 - Amends the Federal Deposit Insurance Act to prohibit an insured depository institution from: (1) making any payday loan, either directly or indirectly; or (2) making any loan to any other lender for purposes of financing, refinancing, or extending any payday loan.<br/>Amends the Truth in Lending Act to prohibit payday loans based on checks drawn on, or authorized withdrawals from, insured depository institutions.<br/>

introduced 29502 '2006':8 'loan':3 'amend':6 'feder':1 'consum':4 'payday':2 'protect':5 21591 short introduced 29502 'act':7,13 'cost':24 'high':23 'lend':12 'loan':26,39 'make':36 'amend':2 'engag':20 'feder':4,16 'insur':6,17 'truth':10 'consum':31 'entiti':42 'expand':28 'payday':25 'purpos':46 'connect':33 'deposit':5 'protect':29 'uninsur':41 'institut':18 'prohibit':15 'high-cost':22 21592 official action 29502 1148270400 Mon May 22 00:00:00 -0500 2006 48257 Referred to the Subcommittee on Financial Institutions and Consumer Credit. U000039 1948-05-18 B40d Dirksen Senate Office Building http://tomudall.senate.gov/contact/contact.cfm 202-226-1331 Tom 'd':4 'nm':5 'sen':1 'tom':2,6,8 'udal':3,7,9 M 400413 Udall Tom_Udall S. Sen. Tom Udall [D, NM] N00006561 7626 Democrat 202-224-6621 Latter Day Saints NM Tom Udall 3.45 http://tomudall.senate.gov action 29502 1148270400 Mon May 22 00:00:00 -0500 2006 48257 Referred to the Subcommittee on Financial Institutions and Consumer Credit. introduced 29502 1147233600 Wed May 10 00:00:00 -0500 2006 48255 action 29502 1147233600 Wed May 10 00:00:00 -0500 2006 48256 Referred to the House Committee on Financial Services.