legislation: 110-hr-7258
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 110-hr-7258 | 110 | hr | 7258 | Consumer Credit Safety Commission Act of 2008 | Finance and Financial Sector | 2008-10-03 | 2008-10-03 | Referred to the House Committee on Financial Services. | House | Rep. Delahunt, William D. [D-MA-10] | MA | D | D000210 | 0 | Consumer Credit Safety Commission Act of 2008 - Establishes the Consumer Credit Safety Commission to promulgate consumer credit safety rules that: (1) ban abusive, fraudulent, unfair, deceptive, predatory, anticompetitive, or otherwise anti-consumer practices or product features for creditors; (2) place restrictions on consumer credit practices or product features to reduce the likelihood that they may be provided in a manner inconsistent with this Act; and (3) establish requirements for clear and adequate information appropriate to advance the objectives of this Act. Directs the Commission to: (1) establish and maintain a best practices guide for providers of consumer credit; (2) conduct, or award grants or contracts for, continuing studies and investigations of consumer credit industry practices; (3) help consumer credit providers to develop consumer credit safety standards or guidelines; and (4) establish and operate a consumer credit customer hotline to register complaints and receive information on how to combat anti-consumer credit. Directs the Commission to establish a program to promote federal-state cooperation to implement this Act. Sets forth civil and criminal penalties for acts prohibited by this Act. | 2019-11-15T20:56:29Z |