Summary: H.R.2549 — 108th Congress (2003-2004)All Information (Except Text)

There is one summary for H.R.2549. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/19/2003)

Bill Payment Grace Period Act of 2003 - Amends the Fair Debt Collection Practices Act to prohibit creditors from taking action adverse to the interests of a consumer with respect to certain payments that are due in, or shortly after, the period of a disruption of the mail resulting from a national emergency.

Authorizes the Secretary of the Treasury to designate (and extend up to seven additional days) a grace period to make debt payments by mail in such circumstances.