Consumer Fairness Act of 2003

Summary

Consumer Fairness Act of 2003 - Amends the Consumer Credit Protection Act to treat as an unfair and deceptive trade act or practice under Federal or State law any written provision in a consumer transaction or contract which requires binding arbitration to resolve a controversy arising out of or related to the transaction or contract, or the failure to perform any part. Declares such a provision unenforceable. Permits a written agreement to determine an existing controversy by binding arbitration if the parties agree after the controversy has arisen.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 April 2003

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 30 April 2003

   Introduced

   Introduced in House

   Source: IntroReferral

3. 30 April 2003

   Introduced

   Introduced in House

   Source: IntroReferral

4. 12 May 2003

   Referred

   Referred to the Subcommittee on Financial Institutions and Consumer Credit.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 30 April 2003 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 30 April 2003

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 30 April 2003

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 30 April 2003

  Open at official source

Sponsors

• LUIS GUTIERREZ · D · Sponsor
• GENE GREEN · D · Cosponsor
• Rep. Rangel, Charles B. [D-NY-19] · D · Cosponsor
• Rep. Watson, Diane E. [D-CA-33] · D · Cosponsor
• Rep. Owens, Major R. [D-NY-12] · D · Cosponsor
• Rep. Kucinich, Dennis J. [D-OH-10] · D · Cosponsor
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.