On May 25, Congressman Dan Kildee (D-Michigan) referred a bill to the House Committee on Armed Services titled the “Transparency in Military Lending Act of 2017.” The proposed bill, H.R. 2697, would amend Title 10 of the United States Code, requiring creditors to provide active servicemembers (and their dependents) applying for loans with additional disclosures regarding the potential availability of lower-cost credit, as well as information about financial counseling services. The proposed act is part of a larger package of legislation introduced by Rep. Kildee aimed at assisting service members, veterans, and their dependents.  We will provide additional details on the bill when the text is publicly available.