There is 1 version of this bill. View text

Click the check-box to add or remove the section, click the text link to scroll to that section.
Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Credit Opportunity Amendments Act of 1999

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Community Reinvestment Act of 1977, the Equal Credit Opportunity Act, and the Fair Housing Act to improve the administration of such Acts, to prohibit redlining in connection with the provision of credit, and for other purposes.


Actions Overview (1)

Date
01/06/1999Introduced in House

All Actions (7)

Date
02/25/1999Referred to the Subcommittee on the Constitution.
Action By: Committee on the Judiciary
02/12/1999Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Action By: Committee on Banking and Financial Services
01/07/1999Sponsor introductory remarks on measure. (CR E60)
Action By: House of Representatives
01/06/1999Referred to House Judiciary
Action By: House of Representatives
01/06/1999Referred to House Banking and Financial Services
Action By: House of Representatives
01/06/1999Referred to the Committee on Banking and Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Action By: House of Representatives
01/06/1999Introduced in House
Action By: House of Representatives

Cosponsors (4)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Royce, Edward R. [R-CA-39]* 01/06/1999
Rep. Paul, Ron [R-TX-14]* 01/06/1999
Rep. Riley, Bob [R-AL-3]* 01/06/1999
Rep. Hill, Rick [R-MT-At Large]* 01/06/1999

Committees (2)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Banking and Financial Services01/06/1999 Referred to
House Banking and Financial Services Subcommittee on Financial Institutions and Consumer Credit02/12/1999 Referred to
House Judiciary01/06/1999 Referred to
House Judiciary Subcommittee on Constitution02/25/1999 Referred to

No related bill information was received for H.R.190.


Latest Summary (1)

There is one summary for H.R.190. View summaries

Shown Here:
Introduced in House (01/06/1999)

Credit Opportunity Amendments Act of 1999 - Amends the Community Reinvestment Act of 1977 to repeal the requirement that the appropriate Federal financial supervisory agency take an institution's record of meeting it's entire community's credit needs into its evaluation of such institution's deposit facility application.

Requires each financial institution to prepare a public description of its lending and related programs designed to enhance the availability of community credit, including low- and moderate-income neighborhoods.

Amends the Consumer Credit Protection Act and the Fair Housing Act to prohibit: (1) creditor discrimination on the basis of the racial or ethnic characteristics of the applicant's surrounding neighborhood; (2) the Attorney General from initiating a civil enforcement action pursuant to the Consumer Credit Protection Act except upon referral; and (3) the use of statistical data indicating a disparate impact on various classes of applicants of a creditor's credit decisions as evidence of violations of such Act(s) unless accompanied by additional evidence demonstrating actual discrimination and intent to discriminate.