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The notices listed below are currently open for public comment. For each notice, click through to view the Federal Register notice where you can read the full notice and select the “Submit a formal comment” option to contribute.

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Category: Intent to make preemption determination |

Notice of Intent to Make Preemption Determination under the Truth in Lending Act

This notice responds to a request that the CFPB make a preemption determination regarding certain provisions in a commercial financing law in New York State. The notice states the CFPB’s intent to make a determination, its preliminary conclusion that TILA does not preempt the New York law, and the possibility of issuing a determination on commercial financing laws in three other states. The notice solicits public comment.