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- H.R.5507
H.R.5507: Truth in Lending Inflation Adjustment Act
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about economics and public finance
- Introduced Oct. 1, 2002
- Latest Major Action Oct. 8, 2002
Bill Sponsor
Bill Summary
Truth in Lending Inflation Adjustment Act - Amends the Consumer Credit Protection Act to increase from $25,000 to $75,000 the maximum amount of a non-mortgage credit or consumer lease transaction to which consumer credit cost information and disclosure requirements apply.
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Financial Services.
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Mr. Bachus moved to suspend the rules and pass the bill.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 5507.
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On motion to suspend the rules and pass the bill Agreed to by voice vote.
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate.
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Oct. 1, 2002 |
Introduced in the House by John J. LaFalce (D-N.Y.) |