H.R.3175 - Late Fee Emergency Relief Act of 2001107th Congress (2001-2002)
|Sponsor:||Rep. Smith, Christopher H. [R-NJ-4] (Introduced 10/29/2001)|
|Committees:||House - Financial Services|
|Latest Action:||House - 11/02/2001 Referred to the Subcommittee on Financial Institutions and Consumer Credit. (All Actions)|
This bill has the status Introduced
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Summary: H.R.3175 — 107th Congress (2001-2002)All Information (Except Text)
Late Fee Emergency Relief Act of 2001 - Amends the Truth in Lending Act to limit the late fee and annual percentage rate increase imposed upon a consumer credit obligation in the case of any consumer whose principal residence is located in a postal zip code designated by the Postmaster General as a biological, chemical, or radiological attack-related mail disruption area.
Introduced in House (10/29/2001)
Requires the Postmaster General to: (1) designate such an area promptly for a 30-day period following any such mail disruption; and (2) disseminate monthly to specified agencies and publish in the Federal Register the postal zip codes designated as mail disruption areas.