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6/26/2007--Introduced.<br/>Payday Loan Reform Act of 2007 - Amends the Truth in Lending Act to prohibit payday loans based on checks drawn on, or authorized withdrawals from, insured depository institutions. Amends the Federal Deposit Insurance Act to prohibit an insured depository institution from: (1) making or extending a 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. Declares payday loan instruments or transactions void from inception.<br/>

1182830400 2007-06-26 Thu Nov 06 23:32:26 -0600 2008 introduced 44846 'act':4 '2007':6 'loan':2 'payday':1 'reform':3 51135 short introduced 44846 'act':7,13 'base':18 'lend':6 'loan':17,38 'make':36 'amend':2 'check':20 'drawn':21 'feder':10 'insur':12,32 'truth':4 'author':24 'payday':16,37 'purpos':42 'deposit':11 'institut':28,34 'prohibit':15,31 'withdraw':25 'depositori':27,33 47952 official introduced 44846 1182830400 Tue Jun 26 00:00:00 -0500 2007 119957 U000039 1948-05-18 6265 110 Hart 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] 2059 N00006561 9059 Democrat 202-224-6621 Latter Day Saints NM Tom Udall 2.85294117647059 http://tomudall.senate.gov E000288 1963-08-04 7849 1130 Longworth House Office Building http://ellison.house.gov/index.php?option=com_content&task=view&id=87 5 202-225-4886 Keith 'd':4 '-5':6 'mn':5 'rep':1 'keith':2,7,9 'ellison':3,8,10 M 412215 Ellison Keith_Ellison Rep. Keith Ellison [D, MN-5] 2130 N00028257 10249 Democrat 202-225-4755 MN Keith Ellison 6.15 http://ellison.house.gov RepKeithEllison G000535 1953-12-10 3200 2266 Rayburn House Office Building http://www.house.gov/writerep 4 202-225-7810 Luis 'd':4 '-4':6 'il':5 'lui':2,7,9 'rep':1 'gutierrez':10 'gutiérrez':3,8 M 400163 Gutiérrez Luis_V._Gutierrez V. Rep. Luis Gutiérrez [D, IL-4] 1369 N00004874 10080 Democrat 202-225-8203 Roman Catholic IL Luis Gutierrez 1.41176470588235 http://luisgutierrez.house.gov/ S001145 1944-05-26 3059 1027 Longworth House Office Building http://www.house.gov/schakowsky/contact.shtml 9 202-226-6890 Janice 'd':4 '-9':6 'il':5 'jan':9 'rep':1 'janic':2,7,10 'schakowski':3,8,11 F 400360 Schakowsky Janice_D._Schakowsky D. Rep. Janice Schakowsky [D, IL-9] 1098 Jan N00004724 8837 Democrat 202-225-2111 Jewish IL Jan Janice Schakowsky 3.05882352941176 http://www.house.gov/schakowsky JanSchakowsky introduced 44846 1182830400 Tue Jun 26 00:00:00 -0500 2007 119957 action 44846 1182830400 Tue Jun 26 00:00:00 -0500 2007 121673 Sponsor introductory remarks on measure. (CR E1415) action 44846 1182830400 Tue Jun 26 00:00:00 -0500 2007 119958 Referred to the House Committee on Financial Services.