US Congress Senate Bill 550 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 16-0)
Status: Introduced on March 7 2017 - 25% progression, died in committee
Action: 2017-03-07 - Read twice and referred to the Committee on the Judiciary. (Sponsor introductory remarks on measure: CR S1642)
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Restoring Statutory Rights and Interests of the States Act of 2017 This bill amends the Federal Arbitration Act to invalidate arbitration agreements between parties in certain commercial contracts or transactions if they require arbitration of a claim for damages or injunctive relief brought by an individual or small business arising from the alleged violation of a federal or state statute, the U.S. Constitution, or a state constitution, unless the written agreement to arbitrate is entered into by both parties after the claim has arisen and pertains solely to an existing claim. The grounds upon which a contract with an arbitration agreement is revocable shall include federal or state statutes or court findings that prohibit an agreement to arbitrate if the agreement is unconscionable, invalid because there was no meeting of the minds, or otherwise unenforceable as a matter of contract law or public policy. A court, rather than an arbitrator, shall determine whether an arbitration agreement is enforceable.

Restoring Statutory Rights and Interests of the States Act of 2017

Sen. Patrick Leahy [D-VT]	Sen. Al Franken [D-MN]	Sen. Richard Blumenthal [D-CT]	Sen. Richard Durbin [D-IL]
Sen. Sheldon Whitehouse [D-RI]	Sen. Edward Markey [D-MA]	Sen. Elizabeth Warren [D-MA]	Sen. Patty Murray [D-WA]
Sen. Tammy Baldwin [D-WI]	Sen. Heidi Heitkamp [D-ND]	Sen. Mazie Hirono [D-HI]	Sen. Sherrod Brown [D-OH]
Sen. Cory Booker [D-NJ]	Sen. Jeanne Shaheen [D-NH]	Sen. Kirsten Gillibrand [D-NY]	Sen. Christopher Coons [D-DE]

Date	Chamber	Action
2017-03-07	Senate	Read twice and referred to the Committee on the Judiciary. (Sponsor introductory remarks on measure: CR S1642)

HB1396 (Same As) 2017-03-17 - Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/550/all-info
Text	https://www.congress.gov/115/bills/s550/BILLS-115s550is.pdf