H.R.4563 - Servicemembers Interest Rate Relief Act of 2005

To amend the Servicemembers Civil Relief Act to provide improved interest rate relief for servicemembers during periods of military service. view all titles (2)

All Bill Titles

  • Short: Servicemembers Interest Rate Relief Act of 2005 as introduced.
  • Official: To amend the Servicemembers Civil Relief Act to provide improved interest rate relief for servicemembers during periods of military service. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
12/15/05
 
 
 
 
 
 
 

Official Summary

Servicemembers Interest Rate Relief Act of 2005 - Amends the Servicemembers' Civil Relief Act to revise the six percent maximum annual interest rate to be charged on debts incurred by a servicemember, and his or her spouse jointly, before the servicemember enters into military service

Official Summary

Servicemembers Interest Rate Relief Act of 2005 - Amends the Servicemembers' Civil Relief Act to revise the six percent maximum annual interest rate to be charged on debts incurred by a servicemember, and his or her spouse jointly, before the servicemember enters into military service and continuing for the duration of such military service, to five percent in the case of any interest incurred during the period beginning on October 1, 2006, and ending on September 30, 2009.

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