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Searching...- Bills
- H.R.1055
H.R.1055: Federal Payday Loan Consumer Protection Amendments 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 March 26, 2001
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
16 (All Democrats)
Bill Summary
Federal Payday Loan Consumer Protection Amendments of 2001 - Amends the Federal Deposit Insurance Act with respect to any transaction (payday loan) in which a short-term cash advance is made to a consumer in exchange for: (1) the consumer's personal check or share draft, in the amount of the advance plus a fee, where presentment or negotiation is deferred by agreement of the parties until a designated future date; or (2) a consumer's...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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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.) |