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Searching...- Bills
- H.R.1054
H.R.1054: Truth in Lending Modernization 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 10, 2001
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
12 (All Democrats)
Bill Summary
Truth in Lending Modernization Act of 2001 - Amends the Consumer Credit Protection Act to: (1) apply consumer credit information and disclosure requirements to all credit and lease transactions involving real and personal property in which the total amount financed exceeds $75,000 (currently $25,000); and (2) increase the civil penalties for creditor violations of such requirements.Amends the Truth in Lending Act to: (1) deem ineffective any...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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| March 15, 2001 |
Introduced in the House by John J. LaFalce (D-N.Y.) |