Require lenders to provide clear information to borrowers about the sale of repossessed vehicles.
One policy goal, tracked across every bill that has carried it.
What’s happening with Default Proceed Sale Transparency Act?
The Default Proceed Sale Transparency Act is represented by H.R. 1740, which was referred to the House Committee on the Judiciary on February 26, 2025. The committee members must act next to hold a vote, but the binding constraint is that most bills fail because committees choose not to take action. This bill follows a similar proposal from February 1, 2023, that expired without a vote.
Updated July 9, 2026 · Generated by AI. Always verify with official sources.
Where it stands
Now carried by Default Proceed Sale Transparency Act (H.R. 1740 (119th)) →
Legislative Progress
How we got here
Every bill that has carried this goal, oldest first.
Died with Congress · Jan 3, 2025
Died when the 118th Congress ended without final passage. Bills must be reintroduced under a new number to be revived.
Reintroduced · Jan 3, 2025
Reintroduced from H.R. 817 (118th), which died when its Congress ended.
H.R. 817 (118th) →
Vehicles
Who’s behind it
Bradley Schneider (D-IL)Wrote and sponsored the current bill.