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Searching...- Bills
- H.R.2622
H.R.2622: Fair and Accurate Credit Transactions Act of 2003
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about congress
- Introduced June 26, 2003
- Latest Major Action Dec. 4, 2003
Bill Sponsor
Bill Cosponsors
58 (22 Democrats, 37 Republicans)
Bill Summary
Fair and Accurate Credit Transactions Act of 2003 - (Sec. 3) Requires the Board of Governors of the Federal Reserve System (Board) and the Federal Trade Commission (FTC) to jointly prescribe final regulations that establish effective dates for this Act before the end of the two-month period beginning on the date of the enactment of this Act. States that in no case shall the effective date be later than ten months after the date of issuance of...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
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Conference papers: message on House action held at the desk in Senate.
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Senate agreed to conference report by Unanimous Consent.
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Cleared for White House.
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Message on Senate action sent to the House.
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Presented to President.
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Signed by President.
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Became Public Law No: 108-159.
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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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Committee Hearings Held.
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Subcommittee Consideration and Mark-up Session Held.
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Forwarded by Subcommittee to Full Committee (Amended) by the Yeas and Nays: 41 - 0.
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Committee Consideration and Mark-up Session Held.
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Ordered to be Reported (Amended) by the Yeas and Nays: 63 - 3.
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Reported (Amended) by the Committee on Financial Services. H. Rept. 108-263.
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Placed on the Union Calendar, Calendar No. 150.
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Supplemental report filed by the Committee on Financial Services, H. Rept. 108-263, Part II.
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Rules Committee Resolution H. Res. 360 Reported to House. Rule provides for consideration of H.R. 2622 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. All points of order against consideration of the bill are waived. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill. Measure will be considered read. Specified amendments are in order.
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Rule H. Res. 360 passed House.
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Considered under the provisions of rule H. Res. 360.
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Rule provides for consideration of H.R. 2622 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. All points of order against consideration of the bill are waived. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill. Measure will be considered read. Specified amendments are in order.
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House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 360 and Rule XXIII.
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The Speaker designated the Honorable Michael K. Simpson to act as Chairman of the Committee.
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GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 2622.
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DEBATE - UNLESS OTHERWISE SPECIFIED, ALL DEBATE ON AMENDMENTS WILL PROCEED UNDER THE FIVE MINUTE RULE.
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DEBATE - By unanimous consent, further debate on the Waters amendment will be limited to 20 minutes, equally divided and controlled.
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DEBATE - Pursuant to a unanimous consent agreement, the Committee of the Whole proceeded with 35 minutes of debate on the Lee amendment.
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DEBATE - Pursuant to a unanimous consent agreement, the Committee of the Whole proceeded with 10 minutes of debate on the Ney amendment.
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POSTPONED PROCEEDINGS - At the conclusion of debate on the Ney amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Ney demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
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DEBATE - Pursuant to a previous order, the Committee of the Whole proceeded with 20 minutes of debate on the Royce amendment.
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DEBATE - Pursuant to a previous order, the Committee of the Whole proceeded with 30 minutes of debate on the Sanders amendment.
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POSTPONED PROCEEDINGS - At the conclusion of debate on the Sanders amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Sanders demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
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DEBATE - Pursuant to a previous order, the Committee of the Whole proceeded with 20 minutes of debate on the Kelly amendment.
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DEBATE - Pursuant to a previous order, the Committee of the Whole proceeded with 20 minutes of debate on the Kanjorski amendment.
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POSTPONED PROCEEDINGS - At the conclusion of debate on the Kanjorski amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Kanjorski demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
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DEBATE - Pursuant to a previous order, the Committee of the Whole proceeded with 10 minutes of debate on the Inslee amendment, pending reservation of a point of order.
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DEBATE - Pursuant to a previous order, the Committee of the Whole proceeded with 20 minutes of debate on the Frank amendment.
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POSTPONED PROCEEDINGS - At the conclusion of debate on the Frank amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Frank demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
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DEBATE - Pursuant to a previous order, the Committee of the Whole proceeded with 10 minutes of debate on the Tauscher amendment.
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UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
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The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2622.
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The previous question was ordered pursuant to the rule.
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On passage Passed by the Yeas and Nays: 392 - 30, 1 Present (Roll no. 499).
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Motion to reconsider laid on the table Agreed to without objection.
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The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 2622.
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
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Measure laid before Senate.
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Senate struck all after the Enacting Clause and substituted the language of S. 1753 amended.
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Passed Senate with an amendment by Yea-Nay Vote. 95 - 2. Record Vote Number: 437.
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Senate insists on its amendment, asks for a conference, appoints conferees Shelby; Bennett; Allard; Enzi; Sarbanes; Dodd; Johnson.
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See also S. 1753.
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Message on Senate action sent to the House.
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Mr. Oxley moved that the House disagree to the Senate amendment, and agree to a conference.
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DEBATE - The House proceeded with one hour of debate on the motion.
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The previous question was ordered without objection.
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On motion that the House disagree to the Senate amendment, and agree to a conference Agreed to by voice vote.
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Mr. Frank (MA) moved that the House instruct conferees.
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DEBATE - The House proceeded with one hour of debate on the Frank motion to instruct conferees.
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On motion that the House instruct conferees Agreed to by voice vote.
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Motion to reconsider laid on the table Agreed to without objection.
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The Speaker appointed conferees for consideration of the House bill and the Senate amendment, and modifications committed to conference: Oxley, Bereuter, Bachus, Castle, Royce, Ney, Kelly, Gillmor, LaTourette, Biggert, Sessions, Frank (MA), Kanjorski, Sanders, Waters, Watt, Gutierrez, Hooley (OR), and Moore.
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Conference papers: Senate report and manager's statement held at the desk in Senate.
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Conference report H. Rept. 108-396 filed.
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Mr. Oxley moved to suspend the rules and agree to the conference report, H. Rept. 108-396.
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DEBATE - The House proceeded with forty minutes of debate on the motion to suspend the rules and agree to the conference report on H.R. 2622.
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POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to suspend the rules and agree to the conference report on H.R. 2622, the Chair put the question on adoption of the motion and by voice vote, announced that the ayes had prevailed. Mr. Sanders demanded the yeas and nays and the Chair postponed further proceedings on the question of adoption of the motion until a later time.
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The House proceeded to consider the conference report H.Rept. 108-396 as unfinished business.
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Motions to reconsider laid on the table Agreed to without objection.
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On motion to suspend the rules and agree to the conference report Agreed to by the Yeas and Nays: (2/3 required): 379 - 49, 1 Present (Roll no. 667).
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| June 26, 2003 |
Introduced in the House by Spencer Bachus (R-Ala.) |