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- H.R.1537
H.R.1537: Date of Payment Act
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about government operations and politics
- Introduced May 2, 1995
- Latest Major Action May 5, 1995
Bill Sponsor
Bill Cosponsor
Bill Summary
Date of Payment Act - Amends the Truth in Lending Act to require a creditor, for purposes of determining when a payment was made by a consumer on any open or closed end consumer credit plan, to treat the postmark on the envelope as the date on which payment was made, unless the consumer provides evidence that such payment was made before such date.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Banking and Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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| May 2, 1995 |
Introduced in the House by Andrew Jacobs Jr. (D-Ind.) |