PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Congressional Research Service
Version 00 · Introduced in House · Jan 21, 1997
Declares that the Puerto Rico Housing Bank and Finance Agency and its assignees shall not have any civil, criminal, or administrative liability under the Truth-in-Lending Act (TILA) for any failure to comply with TILA or any regulation under it for any credit transactions subject to TILA consummated before enactment of this Act in which the Housing Bank was a creditor. Denies any consumer who consummated such a credit transaction any right of rescission against an assignee for the Housing Bank's noncompliance with TILA disclosure requirements.
People & committees
Rescom. Romero-Barcelo, Carlos A. [D-PR-At Large] · D–PR
Legislative record
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Referred to the House Committee on Banking and Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Feb 6, 2024. Consult Congress.gov for the current record.
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Analyze H.R.490 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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