United States · Bill · HR
H.R. 8055 (95th)
National Usury Law
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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Versions
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Documents
1 official file
Introduced in House
summary · EN · 28 June 1977
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/95th-congress/house-bill/8055
- Open data entity: https://api.congress.gov/v3/bill/95/hr/8055