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H.R. 9275

U.S. House•In House Committee

Summary

H.R. 9275, the Buy Now Pay Later Consumer Protection Act of 2026, was introduced in the House on Jun 11, 2026 by Rep. Daniel Goldman (D). It was referred to Financial Services, and last saw action on Jun 11, 2026: Referred to the House Committee on Financial Services.

Record

Text

H.R. 9275 has no co-sponsors and has not gone to a roll call.

hb9275/introduced-in-house.txt
119 HR 9275 IH: Buy Now Pay Later Consumer Protection Act of 2026
 U.S. House of Representatives
 2026-06-11
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  2d Session  H. R. 9275  IN THE HOUSE OF REPRESENTATIVES   June 11, 2026   Mr. Goldman of New York  introduced the following bill; which was referred to the  Committee on Financial Services    A BILL
To amend the Truth in Lending Act to include buy now, pay later loans and issuers of such loans in the definition of credit card and credit issuer, respectively, and for other purposes.
1.
Short title
This Act may be cited as the   Buy Now Pay Later Consumer Protection Act of 2026  .
2.
Buy now, pay later loans included in definition of credit card
(a)
In general
Section 103 of the Truth in Lending Act ( 15 U.S.C. 1602 ) is amended—
(1)
in subsection (l), by adding at the end the following:  The term includes a buy now, pay later loan. ;
(2)
in subsection (o), by adding at the end the following:  The term includes a person who issues a buy now, pay later loan. ; and
(3)
by adding at the end the following:
(ff)
Buy now, pay later loan
The term  buy now, pay later loan  means a closed-end consumer loan for goods or services that—
(1)
is repaid in not more than 4 interest-free installments;
(2)
does not impose a finance charge; and
(3)
is provided to a consumer, at the time such consumer seeks to purchase goods or services, to finance the purchase of such goods or services.
 .
(b)
Rulemaking
(1)
In general
Not later than 180 days after the date of the enactment of this Act, the Bureau of Consumer Financial Protection shall issue rules to carry out the amendments made by this section.
(2)
Requirements
The rules issued under paragraph (1) shall—
(A)
be in accordance with the interpretive rule entitled  Truth in Lending (Regulation Z); Use of Digital User Accounts To Access Buy Now, Pay Later Loans  published by the Bureau of Consumer Financial Protection in the Federal Register on May 31, 2024 (89 Fed. Reg. 47068); and
(B)
apply subpart B of part 1026 of title 12, Code of Federal Regulations, and part 1026.60 of title 12, Code of Federal Regulations, to issuers of buy now, pay later loans (as defined in subsection (ff) of section 103 of the Truth in Lending Act ( 15 U.S.C. 1602 ), as added by this section).

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2026-06-11
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

To amend the Truth in Lending Act to include buy now, pay later loans and issuers of such loans in the definition of credit card and credit issuer, respectively, and for other purposes.

Sponsors

Rep. Daniel Goldman (D) sponsors H.R. 9275 alone.

Committees

H.R. 9275 went before 1 committee: Financial Services.

Financial Services
Financial Services
Referred To · Jun 11, 2026 · 559 Bills

Actions

H.R. 9275 has taken 2 actions since Jun 11, 2026.

ChamberAction
Jun 11, 2026
House
Introduced in House
Jun 11, 2026
House
Referred to the House Committee on Financial Services.Financial Services Committee

Votes

H.R. 9275 has not gone to a roll call.

Titles

H.R. 9275 goes by 3 titles, 1 of them short titles.

  • Buy Now Pay Later Consumer Protection Act of 2026 — Short Title(s) as Introduced
  • Buy Now Pay Later Consumer Protection Act of 2026 — Display Title
  • To amend the Truth in Lending Act to include buy now, pay later loans and issuers of such loans in the definition of credit card and credit issuer, respectively, and for other purposes. — Official Title as Introduced

Classification

The Congressional Research Service files H.R. 9275 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 9275’s is Finance and Financial Sector.

hr9275/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 9275, as entered in the Congressional Record.

[Congressional Record Volume 172, Number 99 (Thursday, June 11, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GOLDMAN of New York:H.R. 9275.Congress has the power to enact this legislation pursuantto the following:Under Article I, Section 8 of the Constitution, Congresshas the power ``to make all Laws which shall be necessary andproper for carrying into the Execution for the foregoingPowers, and all other Powers vested by this Constitution inthe Government of the United States, or any Department orOfficer thereof''[Page H4112]

Source: congress.gov · legiscan.com