HR 2258
106th Congress
House
Commerce
Commercial arbitration
Consumer protection
Contracts
Law
Restrictive trade practices
Consumer Fairness Act of 1999
Introduced: June 17, 1999
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 15, 1999
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Jun 17, 1999
Referred to the House Committee on Banking and Financial Services.
Jun 17, 1999
Introduced in House
Plain-English summary
Consumer Fairness Act of 1999 - Amends the Consumer Credit Protection Act to provide that a written provision in any consumer transaction or consumer contract which requires binding arbitration to resolve any controversy or the failure to perform the whole or any part of the transaction or contract shall constitute a violation of such Act, shall not be enforceable, and shall be treated as an unfair and deceptive trade act or practice under Federal or State law. Specifies an exception with respect to a written agreement to determine by binding arbitration an existing controversy if the written agreement has been entered into after the controversy has arisen.
What's happening now
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Committees of jurisdiction
2