3.0.0 1887 2023-01-15T23:18:01Z 2023-01-15T23:18:01Z House H HR 2003-04-30 108 hsba00 Financial Services Committee House Standing hsba15 Consumer Protection and Financial Institutions Subcommittee Referred to 2003-05-12T16:43:56Z Referred to 2003-04-30T14:00:05Z 2003-05-12 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Referred to the Subcommittee on Financial Institutions and Consumer Credit. Committee 2003-04-30 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2003-04-30 Introduced in House IntroReferral Intro-H 9 Library of Congress 2003-04-30 Introduced in House IntroReferral 1000 9 Library of Congress G000535 Rep. Gutierrez, Luis V. [D-IL-4] LUIS GUTIERREZ D IL V. 4 N G000410 Rep. Green, Gene [D-TX-29] GENE GREEN D TX 29 2003-05-06 False R000053 Rep. Rangel, Charles B. [D-NY-15] CHARLES RANGEL D NY B. 15 2003-05-07 False W000794 Rep. Watson, Diane E. [D-CA-33] Diane Watson D CA E. 33 2003-05-13 False O000159 Rep. Owens, Major R. [D-NY-11] MAJOR OWENS D NY R. 11 2003-05-20 False K000336 Rep. Kucinich, Dennis J. [D-OH-10] DENNIS KUCINICH D OH J. 10 2003-06-09 False Commerce Commercial arbitration Consumer protection Contracts Law Restrictive trade practices Commerce 00 2003-04-30 Introduced in House 2003-09-23T21:04:26Z 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.

]]> Consumer Fairness Act of 2003 Display Title Consumer Fairness Act of 2003 Official Title as Introduced To treat arbitration clauses which are unilaterally imposed on consumers as an unfair and deceptive trade practice and prohibit their use in consumer transactions, and for other purposes. Introduced in House IH Short Titles as Introduced Consumer Fairness Act of 2003 Introduced in House 2003-04-30T04:00:00Z 2003-05-12 Referred to the Subcommittee on Financial Institutions and Consumer Credit. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.