US Congress House Bill 1414 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 26-0)
Status: Introduced on March 7 2017 - 25% progression, died in committee
Action: 2017-03-07 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

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.

Justice for Victims of Fraud Act of 2017

Rep. Brad Sherman [D-CA]	Rep. Maxine Waters [D-CA]	Rep. John Conyers [D-MI]	Rep. Henry Johnson [D-GA]
Rep. Suzanne Bonamici [D-OR]	Rep. Steve Cohen [D-TN]	Rep. Matthew Cartwright [D-PA]	Rep. Raul Grijalva [D-AZ]
Rep. Colleen Hanabusa [D-HI]	Rep. Sheila Jackson-Lee [D-TX]	Rep. Pramila Jayapal [D-WA]	Rep. Ted Lieu [D-CA]
Rep. Zoe Lofgren [D-CA]	Rep. Stephen Lynch [D-MA]	Rep. Sean Maloney [D-NY]	Rep. Eleanor Norton [D-DC]
Rep. Donald Payne [D-NJ]	Rep. Jamie Raskin [D-MD]	Rep. Janice Schakowsky [D-IL]	Rep. Al Green [D-TX]
Rep. Gwen Moore [D-WI]	Rep. Carolyn Maloney [D-NY]	Rep. Keith Ellison [D-MN]	Rep. David Cicilline [D-RI]
Rep. Joseph Kennedy [D-MA]	Rep. Luis Gutierrez [D-IL]

Date	Chamber	Action
2017-03-07	House	Referred to the House Committee on Financial Services.
2017-03-07	House	Introduced in House

SB552 (Related) 2017-03-07 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/1414/all-info
Text	https://www.congress.gov/115/bills/hr1414/BILLS-115hr1414ih.pdf