HR 2053
107th Congress
House
Finance and Financial Sector
Building construction
Commerce
Commercial arbitration
Consumer education
Contracts
Home ownership
Housing and Community Development
Housing finance
Law
Real estate business
American Homebuyers Protection Act
Introduced: June 5, 2001
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2001
Referred to the Subcommittee on Housing and Community Opportunity.
Jun 5, 2001
Referred to the House Committee on Financial Services.
Jun 5, 2001
Introduced in House
Plain-English summary
American Homebuyers Protection Act - Prohibits a person engaged in the construction of new homes from: (1) requiring a home purchaser to enter into a mandatory arbitration agreement as a condition precedent to entering into a purchase contract; and (2) offering a home purchaser a contract which includes a mandatory arbitration agreement unless such agreement is a separate agreement.
What's happening now
Referred to the Subcommittee on Housing and Community Opportunity.
Committees of jurisdiction
2
Cosponsors
1