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United States · Bill · HR

H.R. 382 (106th)

Wire Transfer Fairness and Disclosure Act of 1999

referredUnited States· United States Congress· EN

Introduced

19 January 1999

Last action

12 February 1999 · Referred

Status

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Sponsors

LUIS GUTIERREZ, Rep. Vento, Bruce F. [D-MN-4], XAVIER BECERRA, Rep. Filner, Bob [D-CA-51], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Owens, Major R. [D-NY-12], Rep. Rodriguez, Ciro D. [D-TX-23], Rescom. Romero-Barcelo, Carlos A. [D-PR-At Large], Rep. Stark, Fortney Pete [D-CA-9], Rep. Ortiz, Solomon P. [D-TX-27], Rep. Hinojosa, Ruben [D-TX-15], Del. Underwood, Robert A. [D-GU-At Large], Rep. Pastor, Ed [D-AZ-7], Bennie Thompson, Sen. Menendez, Robert [D-NJ], LUCILLE ROYBAL-ALLARD, Barbara Lee, MICHAEL CAPUANO, Rep. Gonzalez, Charles A. [D-TX-20], Rep. Velázquez, Nydia M. [D-NY-7], Rep. Sanchez, Loretta [D-CA-46], ELIOT ENGEL, Rep. LaFalce, John J. [D-NY-36], Nancy Pelosi, JOHN LEWIS, Del. Christensen, Donna M. [D-VI-At Large], CAROLYN MALONEY, Rep. Meeks, Gregory W. [D-NY-5], Rep. Berman, Howard L. [D-CA-26], Rep. Reyes, Silvestre [D-TX-16], Rep. Jones, Stephanie Tubbs [D-OH-11], Rep. Miller, George [D-CA-7], Rep. Schakowsky, Janice D. [D-IL-9], GENE GREEN, Grace Napolitano, Rep. Wynn, Albert Russell [D-MD-4], Rep. Brown, George E., Jr. [D-CA-36], Rep. Bentsen, Ken [D-TX-25], Rep. Davis, Danny K. [D-IL-7], Rep. Berkley, Shelley [D-NV-1], Rep. Frank, Barney [D-MA-4], Rep. Farr, Sam [D-CA-20], Rep. Waxman, Henry A. [D-CA-24], Rep. McKinney, Cynthia A. [D-GA-4], Rep. Blagojevich, Rod R. [D-IL-5], Rep. Sandlin, Max [D-TX-1], EDDIE JOHNSON, Rep. Stenholm, Charles W. [D-TX-17]

Subjects

Discovery layer

Source updated

20 August 2025

Official sourceDownload fileView documentsShare

Summary

Wire Transfer Fairness and Disclosure Act of 1999- Amends the Electronic Fund Transfer Act to require a financial institution or money transmitting business initiating an international money transfer on behalf of a consumer to disclose prominently on its premises and on its forms and receipts: (1) the exchange rate used in the transaction; (2) the exchange rate prevailing at a major financial center of the pertinent foreign country as of close of business on the business day immediately preceding the transaction date; and (3) all commissions and fees charged in such transaction. Requires such information to be: (1) included in print, broadcast, and electronic advertisements; and (2) in English and in the same language as principally used by the institution or money transmitting business to advertise, solicit, or negotiate at that office if other than English.

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

Timeline

  1. 19 January 1999

    Introduced

    Referred to the House Committee on Banking and Financial Services.

    Source: IntroReferral

  2. 19 January 1999

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 19 January 1999

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 12 February 1999

    Referred

    Referred to the Subcommittee on Financial Institutions and Consumer Credit.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Showing 48 of 107 sponsors and actors.

Related records

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Sources

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