3.0.0 6423 2023-01-11T13:33:57Z 2023-01-11T13:33:57Z House HR 2016-12-01 114 [Congressional Record Volume 162, Number 172 (Thursday, December 1, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SHERMAN:H.R. 6423.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 3[Page H7119]]]> hsba00 Financial Services Committee House Standing Referred to 2016-12-01T15:00:20Z Justice for Victims of Fraud Act of 2016 114 3491 S 2016-12-01 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2016-12-01 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2016-12-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-12-01 Introduced in House IntroReferral 1000 9 Library of Congress S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 N C000714 Rep. Conyers, John, Jr. [D-MI-13] JOHN CONYERS D MI 13 2016-12-01 True C001037 Rep. Capuano, Michael E. [D-MA-7] MICHAEL CAPUANO D MA E. 7 2016-12-01 True C001080 Rep. Chu, Judy [D-CA-27] Judy Chu D CA 27 2016-12-01 True N000179 Rep. Napolitano, Grace F. [D-CA-32] GRACE NAPOLITANO D CA F. 32 2016-12-01 True E000290 Rep. Edwards, Donna F. [D-MD-4] Donna Edwards D MD F. 4 2016-12-01 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2016-12-01 True D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2016-12-01 True L000581 Rep. Lawrence, Brenda L. [D-MI-14] Brenda Lawrence D MI L. 14 2016-12-01 True C001090 Rep. Cartwright, Matt [D-PA-17] Matt Cartwright D PA 17 2016-12-01 True G000551 Rep. Grijalva, Raúl M. [D-AZ-3] Raúl Grijalva D AZ M. 3 2016-12-01 True J000288 Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4] Henry Johnson D GA C. "Hank" 4 2016-12-06 False L000562 Rep. Lynch, Stephen F. [D-MA-8] Stephen Lynch D MA F. 8 2016-12-06 False V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 2016-12-06 False S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2016-12-06 False Finance and Financial Sector Alternative dispute resolution, mediation, arbitration Bank accounts, deposits, capital Consumer credit Fraud offenses and financial crimes Finance and Financial Sector 00 2016-12-01 Introduced in House 2016-12-05T21:17:31Z Justice for Victims of Fraud Act of 2016

This bill amends the Truth in Lending Act and the Electronic Fund Transfer Act to prohibit predispute arbitration agreements with consumers (i.e., agreements to arbitrate any future disputes between parties instead of pursuing the claims in court) from being valid or enforceable in disputes related to credit card accounts or personal bank accounts that are not subject to a final judgment by a court if the credit card or bank account was not issued in response to a request or application for that account.

The bill excludes from this prohibition accounts held by a financial institution pursuant to a bona fide trust agreement.

]]> Justice for Victims of Fraud Act of 2016 Display Title Justice for Victims of Fraud Act of 2016 Official Title as Introduced To amend the Truth in Lending Act and the Electronic Fund Transfer Act to provide justice to victims of fraud. Introduced in House IH Short Titles as Introduced Justice for Victims of Fraud Act of 2016 Introduced in House 2016-12-01T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr6423ih/xml/BILLS-114hr6423ih.xml 2016-12-01 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.