Consumer Credit
US Congress 112th Congress
Christopher Bryski Student Loan Protection Act [HB-3240]
[Student Loans ]
[Consumer Protection ]
[Education ]
Christopher Bryski Student Loan Protection Act or Christopher's Law - Amends the Truth in Lending Act to require lenders of private educational loans for which cosigners are held jointly liable to describe clearly and conspicuously, in writing, the cosigners' obligations regarding such loans, including the effect a borrower's or cosigner's death, disability, or inability to engage in any substantial gainful activity would have on such obligations. Directs the Consumer Financial Protection Bureau (CFPB) to publish a model form for describing those
(continued...)
Sponsored by: Rep. Bill Pascrell
Referred To The Subcommittee On Financial Institutions And Consumer Credit. on 01/12/2012
Spread the world
Gettr US Congress 112th Congress
Identify Theft and Tax Fraud Prevention Act [HB-3215]
[Taxes ]
[Crime ]
[Data Privacy ]
[Cybersecurity ]
[Public Safety ]
Identify [sic] Theft and Tax Fraud Prevention Act - Amends the Internal Revenue Code to: (1) impose a fine and/or prison term on any person who knowingly or willfully misappropriates another person's tax identification number in connection with any list, return, account, statement, or other document submitted to the Internal Revenue Service (IRS); (2) increase the civil and criminal penalties for improper disclosure or use of taxpayer information by tax return preparers; (3) require the Commissioner of Internal Revenue to submit to the Senate Committee
(continued...)
Sponsored by: Rep. Kathy Castor
Referred To The House Committee On Ways And Means. on 10/14/2011
Spread the world
US Congress 112th Congress
Equal Employment for All Act [HB-321]
[Labor, Jobs, Employment ]
[Consumer Protection ]
[Finance ]
[National Security ]
Equal Employment for All Act - Amends the Fair Credit Reporting Act to prohibit a current or prospective employer from using a consumer report or an investigative consumer report, or from causing one to be procured, for either employment purposes or for making an adverse action, if the report contains information that bears upon the consumer's creditworthiness, credit standing, or credit capacity. Makes exceptions to such prohibition for employment: (1) which requires a national security or Federal Deposit Insurance Corporation (FDIC) clearance;
(continued...)
Sponsored by: Rep. Raul Grijalva
Referred To The Subcommittee On Financial Institutions And Consumer Credit. on 03/23/2011
Spread the world
US Congress 112th Congress
Consumer Debit Card Protection Act [HB-3156]
[Consumer Protection ]
[Finance ]
Consumer Debit Card Protection Act - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority granted the Consumer Financial Protection Board (CFPB) to prescribe regulations for interchange transaction (swipe) fees that an issuer may receive or charge in connection with an electronic debit transaction (EDT). Declares void, and without force or effect, any regulation or information collection which the Board of Governors of the Federal Reserve System (Board) may propose or prescribe pursuant to the Electronic Fund
(continued...)
Sponsored by: Rep. Henry Johnson
Referred To The Subcommittee On Financial Institutions And Consumer Credit. on 10/21/2011
Spread the world
US Congress 112th Congress
REFRESH Act of 2011 [HB-3111]
[Agriculture ]
[Energy ]
[Food ]
[Senior Citizens ]
[Environmental ]
[Water ]
[Budget and Spending ]
[Small Business ]
[Grants ]
[Economic Development ]
Rural Economic Farm and Ranch Sustainability and Hunger Act of 2011 or the REFRESH Act of 2011 - Amends the Food, Conservation, and Energy Act of 2008 to direct the Secretary of Agriculture (USDA), regarding all covered commodities and peanuts during each of the 2013-2017 crop years, to give the operator, tenant, or sharecropper on a farm an opportunity to make an annual election to receive aggregate risk and revenue management (ARRM) payments for the crop year for which the election is made. (Replaces the average crop revenue election program with
(continued...)
Sponsored by: Rep. Marlin Stutzman
Referred To The Committee On Agriculture, And In Addition To The Committee On Ways And Means, 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. on 10/05/2011
Spread the world
US Congress 112th Congress
Foster Youth Financial Security Act of 2011 [HB-2953]
[Social Security ]
[Children and Youth ]
[Human Services ]
[Funding ]
[Grants ]
[Poverty ]
Foster Youth Financial Security Act of 2011 - Amends part E (Foster Care and Adoption Assistance) of the Social Security Act, with respect to the John H. Chafee Foster Care Independence Program, to: (1) require states to take certain additional steps to assist children in foster care in making the transition to independent living, such as providing credit reports and helping a child age 14 or older obtain a driver's license; (2) establish individual development accounts and custodial accounts; (3) require state evaluations of specific services provided
(continued...)
Sponsored by: Rep. James Langevin
Referred For A Period Ending Not Later Than September 26, 2011, (or For A Later Time If The Chairman So Designates) To The Subcommittee On Human Resources, In Each Case For Consideration Of Such Provisions As Fall Within The Jurisdiction Of The Subcommittee Concerned. on 09/26/2011
Spread the world
US Congress 112th Congress
Child and Family Services Improvement and Innovation Act [HB-2883]
[Family-Related Legislation ]
[Healthcare ]
[Budget and Spending ]
[Human Services ]
[Children and Youth ]
Child and Family Services Improvement and Innovation Act - Title I: Extension of Child and Family Services Programs - (Sec. 101) Amends title IV part B (Child and Family Services) of the Social Security Act (SSA) to extend through FY2016 the authorization of appropriations for the Stephanie Tubbs Jones Child Welfare Services Program. Requires each state plan for oversight and coordination of health care services for any child in a foster care placement to include an outline of: (1) the monitoring and treatment of emotional trauma associated with
(continued...)
Sponsored by: Rep. James Langevin
Became Public Law No: 112-34. on 09/30/2011
Spread the world
US Congress 112th Congress
Don't Default on Military Families Act [HB-2654]
[Defense ]
[Housing ]
[Real Estate ]
[Veterans ]
[Military ]
[Consumer Protection ]
Don't Default on Military Families Act - Amends the Servicemembers Civil Relief Act to, during a funding gap affecting the Armed Forces: (1) require a court order to evict a servicemember (or dependents) from a primary residence during a period of the servicemember's military service (currently, such a court order is required only when monthly rent for the residence is below a specified amount); (2) bar subjecting such premises to distress; and (3) prohibit, after a servicemember enters military service, rescinding or terminating a contract for
(continued...)
Sponsored by: Rep. Keith Ellison
Referred To The Subcommittee On Economic Opportunity. on 07/29/2011
Spread the world
US Congress 112th Congress
To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority of the Bureau of Consumer Financial Protection to prohibit certain acts or practices. [HB-2612]
[Consumer Protection ]
[Finance ]
Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority of the Consumer Financial Protection Bureau (CFPB) to: (1) prohibit unfair, deceptive, or abusive acts or practices in connection with any transaction with a consumer for, or the offering of, a consumer financial product or service; and (2) promulgate regulations to prevent such practices.
Sponsored by: Rep. Paul Gosar
Referred To The Subcommittee On Financial Institutions And Consumer Credit. on 08/22/2011
Spread the world
US Congress 112th Congress
SAFE Data Act [HB-2577]
[Technology and Innovation ]
[Cybersecurity ]
[Data Privacy ]
[Consumer Protection ]
[Healthcare ]
[Insurance ]
[Public Safety ]
Secure and Fortify Electronic Data Act or the SAFE Data Act - Requires the Federal Trade Commission (FTC) to promulgate regulations requiring any person engaged in interstate commerce that owns or possesses data containing personal information to establish and implement reasonable security policies and procedures to treat and protect such information. Requires such regulations to include specified policies and procedures, including: (1) a process for identifying and assessing vulnerabilities in the system, and (2) a process for taking preventive
(continued...)
Sponsored by: Rep. Mary Bono Mack
Referred To The Subcommittee On Commerce, Manufacturing, And Trade. on 07/29/2011
Spread the world
US Congress 112th Congress
Internet Gambling Prohibition, Poker Consumer Protection, and Strengthening UIGEA Act of 2011 [HB-2366]
[Gaming ]
[Consumer Protection ]
[Technology and Innovation ]
[Cybersecurity ]
[Data Privacy ]
[Law Enforcement ]
[Criminal Justice ]
[Public Safety ]
[Crime ]
Internet Gambling Prohibition, Poker Consumer Protection, and Strengthening UIGEA Act of 2011 - Prohibits a person from (and requires a fine under the federal criminal code, imprisonment up to five years, or both) for operating an Internet gambling facility without a license in good standing issued by a state or tribal agency qualified by the Secretary of Commerce (Secretary). Makes such prohibition inapplicable to facilities operated by persons located outside the United States in which bets or wagers are made by individuals located outside the
(continued...)
Sponsored by: Rep. Steve Cohen
Referred To The Subcommittee On Crime, Terrorism, And Homeland Security. on 08/25/2011
Spread the world
US Congress 112th Congress
Fair Debt Collection Improvement Act [HB-2361]
[Consumer Protection ]
[Finance ]
[Law Enforcement ]
Fair Debt Collection Improvement Act - Amends the Fair Debt Collection Practices Act to prohibit a debt collector from bringing, or threatening to bring, legal action against any consumer on a debt in which the statute of limitations has expired. Requires a debt collector, in connection with the collection of debt in which the statute of limitations has expired, to disclose to the consumer that: (1) the debt has been transferred to the debt collector, (2) the creditor no longer holds the debt, (3) the debt collector may not bring legal action against
(continued...)
Sponsored by: Rep. Barbara Lee
Referred To The Subcommittee On Financial Institutions And Consumer Credit. on 07/19/2011
Spread the world
US Congress 112th Congress
Ensuring a Response for Servicemembers Act [HB-2329]
[Military ]
[Consumer Protection ]
[Veterans ]
Ensuring a Response for Servicemembers Act - Directs each lending institution subject to specified interest rate requirements under the Servicemembers Civil Relief Act to designate an employee as a compliance officer responsible for ensuring the institution's compliance and distributing information to servicemembers regarding applicable obligations and liabilities. Requires, during any fiscal year, such lending institutions with annual assets of at least $10 billion for the preceding fiscal year to maintain a toll-free telephone number and make
(continued...)
Sponsored by: Rep. Fred Upton
Subcommittee Consideration And Mark-up Session Held. on 07/21/2011
Spread the world
US Congress 112th Congress
National Guard and Reservist Debt Relief Extension Act of 2011 [HB-2192]
[Military ]
[Veterans ]
National Guard and Reservist Debt Relief Extension Act of 2011 - Amends the National Guard and Reservists Debt Relief Act of 2008 to exempt for an additional four-year period qualifying Armed Forces reserve component and National Guard members (who, after September 11, 2001, are called to active duty or to perform a homeland defense activity for at least 90 days, and remain eligible for an exemption during the 540-day period following such active duty or homeland defense activity service) from the application of the means-test presumption of abuse
(continued...)
Sponsored by: Rep. Janice Schakowsky
Became Public Law No: 112-64. on 12/13/2011
Spread the world
US Congress 112th Congress
Medical Debt Responsibility Act of 2011 [HB-2086]
[Healthcare ]
[Consumer Protection ]
[Finance ]
Medical Debt Responsibility Act of 2011 - Amends the Fair Credit Reporting Act to prohibit a consumer reporting agency from making any report containing information related to a single fully paid or settled medical debt of $2,500 or less that had been characterized as delinquent, charged off, or in collection for credit reporting purposes, which, from the date of payment or settlement, antedates the report by more than 45 calendar days.
Sponsored by: Rep. Gregory Meeks
Subcommittee Hearings Held. on 09/13/2012
Spread the world
US Congress 112th Congress
To instruct the Inspector General of the Federal Deposit Insurance Corporation to study the impact of insured depository institution failures, and for other purposes. [HB-2056]
[Finance ]
[Real Estate ]
[Budget and Spending ]
[Housing ]
[Community Development ]
[Economic Development ]
(Sec. 1) Directs the Inspector General (IG) of the Federal Deposit Insurance Corporation (FDIC) to study the impact of the failure of insured depository institutions. Prescribes study details, including: (1) the impact of loss-sharing agreements (LSAs) upon the insured depository institutions that survive and the borrowers of those insured depository institutions that fail; (2) FDIC policies and procedures for monitoring LSAs, including those designed to ensure that institutions are not imprudently selling assets at a depressed value; (3) FDIC policies
(continued...)
Sponsored by: Rep. David Scott
Became Public Law No: 112-88. on 01/03/2012
Spread the world
US Congress 112th Congress
FFSCC Charter Act of 2011 [HB-1909]
[Finance ]
[Consumer Protection ]
[Funding ]
[Grants ]
[Poverty ]
FFSCC Charter Act of 2011 - Directs the Comptroller of the Currency to: (1) provide for the establishment and chartering of Federal Financial Services and Credit Companies (FFSCCs); and (2) ensure that credit alternatives are available to the underbanked. Prescribes eligibility criteria for an FFSCC charter. Subjects FFSCCs to specified requirements, including: (1) credit disclosures; (2) account access; (3) financial literacy programs; (4) a comprehensive array of financial services to the underbanked, unbanked, and consumers with low credit scores;
(continued...)
Sponsored by: Rep. Henry Johnson
Referred To The Subcommittee On Financial Institutions And Consumer Credit. on 07/29/2011
Spread the world
US Congress 112th Congress
Data Accountability and Trust Act (DATA) of 2011 [HB-1841]
[Technology and Innovation ]
[Consumer Protection ]
[Cybersecurity ]
[Data Privacy ]
[Healthcare ]
[Telecommunications ]
Data Accountability and Trust Act of 2011 - Requires the Federal Trade Commission (FTC) to promulgate regulations requiring each person engaged in interstate commerce that owns or possesses electronic data containing personal information to establish security policies and procedures. Authorizes the FTC to require a standard method or methods for destroying obsolete nonelectronic data. Requires information brokers to submit their security policies to the FTC in conjunction with a security breach notification or on FTC request. Requires the FTC to
(continued...)
Sponsored by: Rep. Cliff Stearns
Referred To The Subcommittee On Commerce, Manufacturing, And Trade. on 05/13/2011
Spread the world
US Congress 112th Congress
USA PATRIOT Act Sunset Extension Act of 2011 [HB-1805]
[Cybersecurity ]
[Data Privacy ]
[Law Enforcement ]
[National Security ]
[Technology and Innovation ]
[Criminal Justice ]
USA PATRIOT Act Sunset Extension Act of 2011 - Amends the USA PATRIOT Improvement and Reauthorization Act of 2005 to extend until December 31, 2013, provisions: (1) authorizing roving electronic surveillance of a foreign power or an agent of a foreign power under the Foreign Intelligence Surveillance Act of 1978 (FISA), (2) authorizing the Director of the Federal Bureau of Investigation (FBI) to apply for an order requiring the production of tangible things for foreign intelligence and international terrorism investigations, (3) requiring the Attorney
(continued...)
Sponsored by: Rep. Janice Schakowsky
Referred To The Subcommittee On Financial Institutions And Consumer Credit. on 07/29/2011
Spread the world
US Congress 112th Congress
Foreclosure Fraud and Homeowner Abuse Prevention Act of 2011 [HB-1783]
[Finance ]
[Real Estate ]
[Housing ]
[Consumer Protection ]
[Insurance ]
[Law Enforcement ]
Foreclosure Fraud and Homeowner Abuse Prevention Act of 2011 - Amends the Trust Indenture Act of 1939 to include within its purview mortgage-backed securities and their servicers. Imposes upon each servicer of a mortgage-backed security a fiduciary duty, not waivable by an investor, to protect the economic interests of the investors as a whole in an asset-backed security. Provides for removal of an indenture trustee that is a servicer of mortgage-backed securities if at least 50% of the investors petition the court for such removal. Authorizes amendment
(continued...)
Sponsored by: Rep. Earl Blumenauer
Referred To The House Committee On Financial Services. on 05/05/2011