H.R.3426: Preservation of Federalism in Banking Act

About This Bill

Bill Summary

Preservation of Federalism in Banking Act - Amends the Revised Statutes of the United States and the Home Owners' Loan Act to declare applicable to either a national bank or federal savings association any consumer protection in state consumer law of general application (including unfair or deceptive acts or practices, consumer fraud law and repossession, foreclosure, and collection). Declares that when a national bank or federal savings...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Sponsor introductory remarks on measure.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
July 26, 2005

Introduced in the House by Luis V. Gutiérrez (D-Ill.)

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