3.0.0 7188 2019-11-15T20:56:26Z 2019-11-15T20:56:26Z House H HR 2008-09-27 110 hsba00 Financial Services Committee House Standing Referred to 2008-09-27T14:03:00Z 2008-09-27 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2008-09-27 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-09-27 Introduced in House IntroReferral 1000 9 Library of Congress M000309 Rep. McCarthy, Carolyn [D-NY-4] CAROLYN MCCARTHY D NY 4 N Finance and Financial Sector Consumer affairs Consumer credit Government information and archives Interest, dividends, interest rates Marketing and advertising Tax administration and collection, taxpayers User charges and fees Finance and Financial Sector 00 2008-09-27 Introduced in House 2009-01-07T20:54:29Z Tax Refund Anticipation Loan Consumer Protection Act - Amends the Truth in Lending Act to prescribe advertising and disclosure requirements for tax refund anticipation loans.

Prohibits an advertisement for an income tax refund anticipation loan from: (1) describing such a loan as a tax refund or rebate; or (2) advertising or soliciting tax preparation services as including the possibility of obtaining an immediate or rapid income tax refund or rebate if the refund or rebate involves an income tax refund anticipation loan origination.

Requires an advertisement for an income tax refund anticipation loan to disclose: (1) fees imposed by the originator in connection with the loan origination; (2) the applicable annual percentage rate (APR) and fees; and (3) the name of the creditor if other than the originator.

Sets forth contract and disclosure requirements for income tax refund anticipation loan origination services.

Instructs the Board of Governors of the Federal Reserve System to publish model disclosure forms to implement this Act.

]]> Tax Refund Anticipation Loan Consumer Protection Act Short Titles as Introduced Tax Refund Anticipation Loan Consumer Protection Act Display Title Tax Refund Anticipation Loan Consumer Protection Act Official Title as Introduced To amend the Truth in Lending Act to establish certain advertising and disclosure requirements with respect to tax refund anticipation loans, and for other purposes. Introduced in House 2008-09-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr7188ih/xml/BILLS-110hr7188ih.xml 2008-09-27 Referred to the House Committee on Financial Services. 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.