H.R.1643: Borrower's Bill of Rights Act

About This Bill

  • This bill was introduced in the 109th Congress
  • This bill is primarily about congress
  • Introduced April 14, 2005
  • Latest Major Action July 1, 2005

Bill Summary

Borrower's Bill of Rights Act - Amends Federal law to create the position of Assistant Secretary for Financial Education in the Department of the Treasury. Amends the Financial Literacy and Education Improvement Act to direct such Secretary to establish a two-year financial literacy pilot program for middle and high school students. Amends the Truth in Lending Act to require that mandatory disclosures governing a consumer credit transaction be...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Subcommittee on Commercial and Administrative Law.
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Financial Services
Referred to House Judiciary
April 14, 2005

Introduced in the House by Harold E. Ford Jr. (D-Tenn.)

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