H.R.4788: Consumer Automobile Lease Advertising Act of 1998

About This Bill

Bill Summary

Consumer Automobile Lease Advertising Act of 1998 - Amends the Consumer Credit Protection Act to increase from $25,000 to $50,000 the maximum amount of a contractual obligation of a consumer lease to which the Act applies. Mandates annual adjustment of such limit based upon changes reported in the Consumer Price Index by the Department of Labor. Prescribes additional lease advertising disclosure requirements for advertising media, including...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Sponsor introductory remarks on measure.
Oct. 10, 1998

Introduced in the House by John J. LaFalce (D-N.Y.)

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