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Searching...- Bills
- H.R.4002
H.R.4002: Truth in Lending Clarification Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced Nov. 3, 2009
- Latest Major Action Nov. 3, 2009
Bill Sponsor
Bill Summary
Truth in Lending Clarification Act of 2009 - Amends the Truth in Lending Act concerning the mandatory 45-day advance notice of significant changes (including rate increases) under an open end consumer credit plan. Declares that such requirement does not prevent a creditor from putting into effect immediately any reduction in an annual percentage rate (APR), any decrease or elimination of any fee imposed upon a consumer, or any significant...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| Nov. 3, 2009 |
Introduced in the House by Jeb Hensarling (R-Texas) |