,,ii  #aadth ,,congress  #b;d ,session  
,s4 #ccba  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,september #ad1
 #bjaf,mr4 ,whitehouse 7for himself1    
,mr4 ,reed1 ,ms4 ,warren1 ,mr4 ,sanders1
 and ,mr4 ,merkley7 introduced the      
following bill2 which was read twice and
 referred to the ,committee on ,banking1
 ,housing1 and ,urban ,affairs  ,a      
,,bill  ,to amend the ,truth in ,lending
 ,act to empower the ,states to set the 
maximum annual percentage rates         
applicable to consumer credit           
transactions1 and for other purposes4   
#a4 ,short title ,this ,act may be cited
 as the 8,empowering ,states' ,rights   
,to ,protect ,consumers ,act of #bjaf04 
#b4 ,limits on annual percentage rates  
,chapter #b of the ,truth in ,lending   
,act 7#ae ,u4,s4,c4 #afca et seq47 is   
amended by adding at the end the        
following3  #adj;,b4 ,limits on ,annual 
,percentage ,rates ,notwithstanding any 
other provision of law1 the annual      
percentage rate applicable to any       

consumer credit transaction 7other than 
a residential mortgage transaction71    
including any fees associated with such 
a transaction1 may not exceed the       
maximum rate permitted by the laws of   
the ,state in which the consumer        
resides4  4