Jack Reed

This bill would extend strong consumer credit protections, currently only for military members, to all Americans. It would set limits on interest rates and certain fees for many types of loans. This aims to protect everyday people from predatory lending practices.

This bill would set aside billions in federal money for states to give grants to local school districts. It would also create new tax-advantaged bonds to help fund school construction and repairs. The goal is to improve public school facilities, making them safer, healthier, more energy-efficient, and better equipped for modern learning, especially in high-need areas.

This bill would create a new tax on large investors who buy single-family homes, with the tax rate depending on how many homes they already own. The money collected from this tax would go directly to programs that help make housing more affordable for everyday Americans. This change would take effect for taxable years starting after December 31, 2025.

This bill would set new rules for how the government and government-backed companies sell mortgages that homeowners are struggling to pay. It would give priority to non-profits and local governments to buy these loans and properties, and require buyers to offer homeowners help to stay in their homes. This aims to prevent foreclosures and keep housing affordable for more people.

This bill would extend important consumer safeguards to 'buy now, pay later' loans, similar to those for credit cards. Users would gain rights to dispute billing errors and claims. Companies offering these loans would also be put under federal oversight by the Consumer Financial Protection Bureau.

This bill would make sure communities get more guaranteed help to prepare for natural disasters. It would require the President to provide assistance for projects that prevent damage before a disaster hits. This means states, local governments, and especially Indian Tribes would receive more federal support to protect homes, schools, and hospitals.

This bill would define a student's "right to read" and require schools to provide effective libraries and reading instruction. It would allow Congress to set aside money for literacy programs and school libraries. It would also protect school staff from legal harm when following "right to read" policies. These changes aim to improve reading skills and ensure all students have access to diverse books and digital learning tools.

Summary pending...

Summary pending...

Summary pending...

Summary pending...

Summary pending...