HR. 3159Reported

Improving SCRA Benefit Utilization Act

Plain-English overview

What this bill does

Expand Servicemembers Civil Relief Act interest rate protections and require broader financial literacy training and written notice of SCRA benefits for servicemembers

Key points
  • Require broader SCRA rate cap application
  • Require creditor submission mechanisms
  • Require written notice of SCRA benefits
  • Expand financial literacy training
Current status

Where it stands

Status
Reported
Latest action
2026-05-14 — Ordered to be Reported in the Nature of a Substitute by Voice Vote.
Related context

Topics and policy areas

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Armed Forces and National SecurityCredit and credit marketsFinancial literacyInterest, dividends, interest ratesMilitary education and trainingMilitary personnel and dependents
Discovery signals

About these signals

Methodology

Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.

Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.
Full Text (PDF)Amendments
View on Congress.gov