Improving SCRA Benefit Utilization Act
Reported from committee: it can still change before the session ends.
- Stage
- Reported from committee
- Started in
- House
- Sponsors
- 19
- Latest action
- May 14, 2026
What it does
Improving SCRA Benefit Utilization Act This bill expands interest rate protections under the Servicemembers Civil Relief Act (SCRA) and requires expanded training for and outreach to servicemembers regarding financial literacy and SCRA protections. The SCRA caps the maximum interest charged on any debt incurred by a servicemember prior to entering active duty at 6% annually if the servicemember's ability to pay is materially affected by active-duty status; servicemembers must provide notice and other documentation to creditors to receive this cap. The bill requires creditors to apply this cap to all of a servicemember’s obligations or liabilities with that creditor, regardless of whether a…
Official summary · Introduced in House · May 1, 2025
Titles and provisions can change as the bill moves.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
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Where it goes next
While a bill can still move, the questions are about people and money.