Bureau of Consumer Financial Protection December 15, 2022 – Federal Register Recent Federal Regulation Documents

Intent To Make Preemption Determination Under the Truth in Lending Act (Regulation Z)
Document Number: 2022-27059
Type: Rule
Date: 2022-12-15
Agency: Bureau of Consumer Financial Protection
The Consumer Financial Protection Bureau (CFPB) has received a written request to make a determination that the Truth in Lending Act (TILA) preempts a New York State commercial financing law with respect to certain provisions. The CFPB is publishing this notification of intent to make a preemption determination about that law and has made a preliminary conclusion that this law is not preempted by TILA. The CFPB is also providing notice that it is considering whether to make a preemption determination regarding State laws in California, Utah, and Virginia that are potentially similar to the New York law. The CFPB is soliciting public comment pursuant to Regulation Z.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.