HR 3159 · in committee · significant
Improving SCRA Benefit Utilization Act
- veterans
What this bill does
- The bill expands interest rate protections for active-duty servicemembers, capping debt interest at 6% annually.
- Active-duty servicemembers and their dependents benefit from clearer financial protections and required creditor compliance.
- The bill requires military departments to provide written notice of SCRA benefits and enhanced financial literacy training.
Generated by claude-haiku-4-5
Community Threads
Started by Cosponsor
- 01
How would capping interest rates at 6% for active-duty servicemembers affect lending availability and terms offered by creditors?
- 02
What enforcement mechanisms does the bill establish to ensure creditors comply with the 6% interest rate cap and required notices?
- 03
How might the required financial literacy training help servicemembers use SCRA protections, and what should such training include?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · D-MD-6
April McClain Delaney
Citizen cosponsors
0
In Congress
18/ 435
House Reps cosponsoring
Introduced 2026-02-24
Joining the bill
Dina Titus
D-NV-1 · original
Julia Brownley
D-CA-26 · original
Brian K. Fitzpatrick
R-PA-1 · original
Josh Gottheimer
D-NJ-5 · original
Seth Moulton
D-MA-6 · original
James C. Moylan
R-GU · original
Marilyn Strickland
D-WA-10 · original
Sanford D. Bishop, Jr.
D-GA-2 · original
André Carson
D-IN-7 · original
Donald G. Davis
D-NC-1 · original
Christopher R. Deluzio
D-PA-17 · original
Suzan K. DelBene
D-WA-1 · original
+ 6 more
Legislative timeline
2026-02-24 · house · Committee
Forwarded by Subcommittee to Full Committee by Voice Vote.
2026-02-24 · house · Committee
Subcommittee Consideration and Mark-up Session Held
2026-01-21 · house · Committee
Subcommittee Hearings Held
2026-01-21 · house · Committee
Referred to the Subcommittee on Economic Opportunity.
2025-05-01 · house · IntroReferral
Referred to the Committee on Veterans' Affairs, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2025-05-01 · house · IntroReferral
Referred to the Committee on Veterans' Affairs, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2025-05-01 · IntroReferral
Introduced in House
2025-05-01 · IntroReferral
Introduced in House
Citizen comments
Sign in to comment on this bill.
No comments yet — be the first.