H.R.5942 - FFSCC Act of 2010

To create a charter for Federal Financial Services and Credit Companies. view all titles (2)

All Bill Titles

  • Official: To create a charter for Federal Financial Services and Credit Companies. as introduced.
  • Short: FFSCC Act of 2010 as introduced.

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  • Today: 2
  • Past Seven Days: 4
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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
07/28/10
 
 
 
 
 
 
 

Official Summary

7/29/2010--Introduced.FFSCC Act of 2010 - Authorizes the Comptroller of the Currency to provide for the organization, incorporation, examination, operation, regulation, and chartering of Federal Financial Services and Credit Companies (FFSCCs) to: (1) extend short-term and long-term credit

Official Summary

7/29/2010--Introduced.FFSCC Act of 2010 - Authorizes the Comptroller of the Currency to provide for the organization, incorporation, examination, operation, regulation, and chartering of Federal Financial Services and Credit Companies (FFSCCs) to:
(1) extend short-term and long-term credit; and
(2) implement financial literacy programs. Imposes an annual fee upon FFSCCs payable to the Comptroller to offset the cost of implementing this Act. Directs the Comptroller to:
(1) study rates and terms used in the extension of credit; and
(2) develop a suite of FSCC financial products that will be fair to underbanked persons and economically viable for FFSCCs to offer.

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Recent Blog Coverage

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08/05/10
Overcriminalized.com Legislative Update

•HR 5942: FFSCC Act of 2010 •HR 6000: Updates: •HR 5663: Miner Safety and Health Act of 2010 •HR 5662: STALKERS Act of 2010 •HR 5626: Blowout Prevention Act of 2010 •HR 5138: International Megan's Law of 2010 ...

Source: Oligarchy
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07/27/10
H.R.5920: To prohibit the manufacture, sale, or distribution in ...

•HR 5920: Toxic Metals Protection Act of 2010 •HR 5942: FFSCC Act of 2010 •HR 6000: Updates: •HR 5663: Miner Safety and Health Act of 2010 •HR 5662: STALKERS Act of 2010 •HR 5626: Blowout Prevention Act of 2010 ... Source: Oligarchy ...

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07/27/10
H.R. 5942: To create a charter for Federal Financial Services and ...

A bill in the US Congress: To create a charter for Federal Financial Services and Credit Companies.

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