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HR 1414 115th Congress House Finance and Financial Sector Alternative dispute resolution, mediation, arbitration Bank accounts, deposits, capital Consumer credit Fraud offenses and financial crimes

Justice for Victims of Fraud Act of 2017

Introduced: March 7, 2017 Introduced by: Sherman, Brad Democratic · California See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 7, 2017
Referred to the House Committee on Financial Services.
Mar 7, 2017
Introduced in House
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 Plain-English summary Congressional Research Service

Justice for Victims of Fraud Act of 2017

This bill amends the Truth in Lending Act and the Electronic Fund Transfer Act to prohibit predispute arbitration agreements with consumers (i.e., agreements to arbitrate any future disputes between parties instead of pursuing the claims in court) from being valid or enforceable in disputes related to credit card accounts or personal bank accounts that are not subject to a final judgment by a court if the credit card or bank account was not issued in response to a request or application for that account.

The bill excludes from this prohibition accounts held by a financial institution pursuant to a bona fide trust agreement.

What's happening now March 7, 2017

Referred to the House Committee on Financial Services.

 Related & companion bills 1
  • S 552 Related bill Justice for Victims of Fraud Act of 2017
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 13
All 13 Democratic 13
D
Moore, Gwen
Wisconsin · May 15, 2017
 D
Green, Al
Texas · May 4, 2017
 D
Bonamici, Suzanne
Oregon · Mar 7, 2017
 D
Cohen, Steve
Tennessee · Mar 7, 2017
 D
Jayapal, Pramila
Washington · Mar 7, 2017
 D
Johnson, Henry C. "Hank"
Georgia · Mar 7, 2017
 D
Lieu, Ted
California · Mar 7, 2017
 D
Lofgren, Zoe
California · Mar 7, 2017
 D
Lynch, Stephen F.
Massachusetts · Mar 7, 2017
 D
Norton, Eleanor Holmes
District of Columbia · Mar 7, 2017
 D
Raskin, Jamie
Maryland · Mar 7, 2017
 D
Schakowsky, Janice D.
Illinois · Mar 7, 2017
 D
Waters, Maxine
California · Mar 7, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1414: Justice for Victims of Fraud Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-1414/
MLA
"H.R. 1414: Justice for Victims of Fraud Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-1414/.
Bluebook (legal)
H.R. 1414, 115th Cong. (2026), https://openamerica.io/bill/115-HR-1414/.
Markdown link
[H.R. 1414: Justice for Victims of Fraud Act of 2017](https://openamerica.io/bill/115-HR-1414/)
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