H.R.1053: Equal Credit Enhancement and Neighborhood Protection Act of 2001

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about law
  • Introduced March 15, 2001
  • Latest Major Action April 2, 2001

Bill Summary

Equal Credit Enhancement and Neighborhood Protection Act of 2001- Amends the Equal Credit Opportunity Act to make it unlawful for a creditor to: (1) not provide an applicant with the most favorable credit terms it or an affiliate has available; and (2) adversely target an applicant on the basis of race, color, religion, national origin sex, age, or marital status, with respect to a high cost mortgage.Provides punitive damages for reverse...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
March 15, 2001

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

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