HR 1575
99th Congress
House
Commerce
Civil Rights and Liberties
Consumer credit
Consumer protection
Credit
Discrimination in consumer credit
Finance and Financial Sector
A bill to amend the Equal Credit Opportunity Act.
Introduced: March 19, 1985
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 12, 1986
Subcommittee Hearings Held.
Mar 19, 1985
Referred to Subcommittee on Consumer Affairs and Coinage.
Mar 19, 1985
Referred to House Committee on Banking, Finance and Urban Affairs.
Mar 19, 1985
Introduced in House
Plain-English summary
Amends the Equal Credit Opportunity Act to prohibit the Board of Governors of the Federal Reserve System from exempting from such Act any class of credit transactions that are primarily for personal, family, or household purposes. Permits the Board to exempt (for five years) a type or class of business or commercial transactions only after determining that application of such Act to such transactions would not contribute substantially to effecting the purposes of such Act.
What's happening now
Subcommittee Hearings Held.
Committees of jurisdiction
2