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Bill Payment Grace Period Act of 2003

Introduced: June 19, 2003 Introduced by: Sherman, Brad Democratic · California 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 7, 2003
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Jun 19, 2003
Referred to the House Committee on Financial Services.
Jun 19, 2003
Introduced in House
 Plain-English summary Congressional Research Service
Bill Payment Grace Period Act of 2003 - Amends the Fair Debt Collection Practices Act to prohibit creditors from taking action adverse to the interests of a consumer with respect to certain payments that are due in, or shortly after, the period of a disruption of the mail resulting from a national emergency.

Authorizes the Secretary of the Treasury to designate (and extend up to seven additional days) a grace period to make debt payments by mail in such circumstances.

What's happening now July 7, 2003

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Committees of jurisdiction 2