US HB991 | 2009-2010 | 111th Congress

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 11 2009 - 25% progression, died in committee
Action: 2009-02-11 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Consumer Fairness Act of 2009 - Amends the Consumer Credit Protection Act to treat as an unfair and deceptive trade act or practice under federal or state law any written provision in a consumer transaction or contract which requires binding arbitration to resolve a controversy arising out of or related to the transaction or contract, or the failure to perform any part. Declares such a provision unenforceable. Permits a written agreement to determine an existing controversy by binding arbitration if the parties agree after the controversy has arisen.

Tracking Information

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Title

Consumer Fairness Act of 2009

Sponsors


History

DateChamberAction
2009-02-11 Referred to the House Committee on Financial Services.
2009-02-11 Sponsor introductory remarks on measure. (CR E245)

Subjects


US Congress State Sources


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