On the Amendment S.Amdt. 16: Durbin
Amdt. No. 16, As Modified.; To protect servicemembers and veterans from means testing in bankruptcy, to disallow certain claims by lenders charging usurious interest rates to servicemembers, and to allow servicemembers to exempt property based on the law of the State of their premilitary residence.
Result: Rejected (38-58, 4 members not voting, 1/2 threshold)
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