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United States · Bill · HR

H.R. 8055 (95th)

National Usury Law

referredUnited States· United States Congress· EN

Introduced

28 June 1977

Last action

Status

Referred to House Committee on Banking, Finance and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

National Usury Law - Limits, to seven percent, the interest charge in connection with any credit or loan transaction entered into on or after December 31, 1980. Sets forth a schedule by which the maximum allowable interest charge shall be reduced from ten percent in six month steps by one-half percent per step.

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Documents

1 official file

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Sources

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