CREDIT

Amendments

Bankruptcy: extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 1920), H157, H210, H211, H216 [28JA]

Native American Capital Development Corp.: establish (S. 519), S11572 [19NO]

Veterans: improve and enhance education, housing, employment, medical, and other benefits and improve and extend certain authorities relative to the administration of benefits (S. 2486), S10869, S10880 [8OC]

Articles and editorials

Growing Profit Source for Banks—Fees From Riskiest Card Holders, S8744 [22JY]

SEC Chief Pans Bankruptcy Adviser Change, H220 [28JA]

Bills and resolutions

Armed Forces: establish a program of interest-free loans for Reserve members who experience financial hardships as a result of being called to active duty (see H.R. 3962), H1071 [11MR]

———establish requirements on the terms of consumer credit extended to a member or the dependent of a member (see H.R. 5300), H9047 [8OC]

Bank Holding Company Act: clarify application of the credit card bank exception to certain limited purpose credit card banks serving community banks (see H.R. 5031), H6898 [8SE]

Bankruptcy: extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (see S. 2864), S9936 [29SE] (see H.R. 5167), H7863 [29SE]

———extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 1920), consideration (see H. Res. 503), H127 [27JA]

———permanently reenact chapter 12 of the bankruptcy code relative to family farmers (see H.R. 5195), H7944 [30SE]

Congress: disapprove certain regulations issued by the Office of the Comptroller of the Currency (see S.J. Res. 31, 32), S3919 [7AP] (see H.R. 4236, 4237), H2482 [28AP]

Consumers: ban abusive credit practices, enhance consumer disclosures and protect underage consumers (see S. 2755), S8688 [22JY]

———establish an equitable ceiling on credit card interest rates (see H.R. 5138), H7574 [23SE]

———require enhanced disclosure regarding the consequences of making only minimum required payments in the repayment of credit card debt (see S. 2475), S6087 [21MY]

Credit cards: prevent issuers from taking advantage of traditional college students and protect parents of such students (see H.R. 5060), H6997 [9SE]

Dept. of Commerce: make noninterest bearing loans to State and local governments solely for the purpose of funding capital projects (see H.R. 4310), H2727 [6MY] (see H.R. 4371), H3093 [17MY]

Dept. of HUD: insure zero-downpayment mortgages for one-unit residences (see S. 2753), S8688 [22JY] (see H.R. 3755), H303 [3FE]

Dept. of Veterans Affairs: extend the Native American Veteran Housing Loan Program (see H.R. 5153), H7735 [28SE]

———increase maximum amount of available home loan guaranty (see S. 2522), S6803 [15JN] (see H.R. 4345), H2917 [12MY]

Disasters: protect the credit records of consumers who are affected by federally declared disasters (see H.R. 4220), H2405 [27AP]

Education: improve college access and opportunity by reforming Pell Grants and student loan programs (see H.R. 4283), H2657 [5MY]

———provide for refinancing of consolidated student loans (see S. 2198), S2717 [11MR]

Executive departments: require agencies to seek commercial, volume, or other discounts for purchases made with the Government-wide commercial purchase card (see H.R. 4224), H2406 [27AP]

Farm Credit Act: extend support to the commercial fishing industry (see H.R. 4210), H2371 [22AP]

FHA: preserve ability to insure certain mortgages (see S. 2712), S8548 [21JY]

Mortgages: impose restrictions on high-cost mortgages, revise fees and charges on certain loans, prohibit unfair or deceptive practices by mortgage brokers and creditors, and provide counseling about predatory lenders (see H.R. 3974), H1116 [16MR]

Privacy: ensure protection of personally identifiable information outsourced abroad through increased disclosure, compliance with U.S. privacy standards, and accountability (see S. 2472), S5950 [20MY] (see S. 2481), S6274 [1JN]

———regulate the transmission of personally identifiable information to foreign affiliates and subcontrctors (see S. 2312), S4024 [8AP] (see S. 2471), S5950 [20MY]

SBA: improve loan programs (see S. 2193), S2543 [10MR]

———reauthorize loan programs (see S. 2821), S9441 [21SE] (see H.R. 5108), H7328 [21SE]

Small Business Act: reauthorize certain loan programs (see S. 2915), S10702 [7OC]

Social Security: enhance privacy protections for individuals and prevent fraudulent misuse of account numbers (see S. 2801), S9220 [14SE]

———reduce risk of identity theft by limiting use of Social Security numbers on certain Government-issued identification cards and Government documents (see H.R. 4846), H5908 [15JY]

Taxation: exclude from gross income discharges of indebtedness attributable to certain forgiven residential mortgage obligations (see S. 2955), S10846 [8OC]

———make credit for adoption expenses permanent and repeal limitation on carryforwards of unused credit (see H.R. 4338), H2815 [11MY]

———repeal rate cuts for the top tax bracket and apply savings to the educational grant and loan programs (see S. 2423), S5472 [13MY]

———simplify the deduction for points paid relative to home mortgages (see H.R. 4134), H2152 [2AP]

———treatment of certain qualified mortgages held by a real estate mortgage investement company or a grantor trust (see H.R. 4113), H2018 [1AP]

———treatment of certain qualified mortgages held by a real estate mortgage investment company or a grantor trust (see S. 2422), S5472 [13MY]

Truth in Lending Act: limit liability of any assignee of a creditor (see H.R. 4719), H5149 [25JN]

Veterans: improve and enhance education, housing, employment, medical, and other benefits and improve and extend certain authorities relative to the administration of benefits (see S. 2486), S6274 [1JN]

———increase maximum amount of available home loan guaranty (see H.R. 4065), H1739 [30MR]

Explanations

Omnibus Consolidated Appropriations (H.R. 4818): SBA Loan Programs Reauthorization, S11751-S11757 [20NO], H10196-H10202 [20NO]

Veterans' Benefits Improvements Act (S. 2486), S10884-S10891 [8OC]

Factsheets

Credit Card Minimum Payment Warning Act (S. 2475), S6095 [21MY]

Letters

Credit Card Minimum Payment Warning Act: Travis B. Plunkett, Consumer Federation of America, Adam Goldberg, Consumers Union, and Edmund Mierzwinski, U.S. Public Interest Research Group, S6094 [21MY]

Family Farmer Bankruptcy Relief Act: several agricultural organizations, S10611 [6OC]

Reenactment period extension for chapter 12 of the bankruptcy code relative to family farmers: David J. Frederickson, National Farmers Union, H147, H150 [28JA]

———George Naylor, National Family Farm Coalition, H147 [28JA]

———Mark Smith, Farm Aid (organization), H146 [28JA]

Veterans' Benefits Improvements Act: Al Mansell, National Association of Realtors, E1992 [16NO]

———Representative Christopher H. Smith, Committee on Veterans' Affairs (House), H9766 [17NO]

———Representative Sensenbrenner, Committee on the Judiciary (House), H9766 [17NO]

Motions

Bankruptcy: extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 1920), H216, H219 [28JA]

Remarks in House

Bankruptcy: conflicts of interest by investment bankers involved in bankruptcy reorganizations, H219-H222 [28JA]

———extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 1920), H148-H218 [28JA], E84 [30JA], E95 [3FE]

———extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 1920), consideration (H. Res. 503), H143-H148 [28JA]

———extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 1920), motion to instruct conferees, H219-H222 [28JA]

———extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 1920), motion to recommit, H217, H218 [28JA]

———extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 2864), H9011 [8OC]

———permanently reenact chapter 12 of the bankruptcy code relative to family farmers, H212-H216 [28JA]

———protect financially distressed military families and veterans from the means test, H217 [28JA]

Congress: disapprove certain regulations issued by the Office of the Comptroller of the Currency (H.R. 4236), E689, E692 [28AP]

———disapprove certain regulations issued by the Office of the Comptroller of the Currency (H.R. 4237), E689, E692 [28AP]

Consumers: prevent identity theft and improve resolution of credit disputes, accuracy of consumer records, and the use of, and consumer access to, credit information (H.R. 2622), conference report, H2391 [27AP]

Crime: establish penalties for aggravated identity theft (H.R. 1731), H4808-H4811 [23JN], E2056 [18NO]

Dept. of Education: combat waste, fraud, and abuse in Pell Grants, H3696 [2JN]

Dept. of Veterans Affairs: extend the Native American Veteran Housing Loan Program (H.R. 5153), E1725 [29SE]

———increase maximum amount of available home loan guaranty (H.R. 4345), H4818-H4821 [23JN]

Disasters: protect the credit records of consumers who are affected by federally declared disasters (H.R. 4220), E663 [27AP]

Education: improve college access and opportunity by reforming Pell Grants and student loan programs, E755 [5MY]

———Pell Grants and Perkins Loans funding, H2297 [22AP]

———student financial aid programs, H3184, H3185 [18MY]

Farm Credit Act: extend support to the commercial fishing industry (H.R. 4210), E620 [22AP]

Federal Credit Union Act: anniversary, E1258 [25JN]

FHA: anniversary, E1245 [25JN]

———preserve ability to insure certain mortgages (S. 2712), H6695 [22JY]

Financial institutions: remove limitation on savings associations that prevents offering a larger percentage of automobile loans to customers, H1250 [18MR]

Home Investment Partnerships Act: provide downpayment assistance (H.R. 1276), H6759 [8SE]

Housing: ensure proper management of housing-related Government-sponsored enterprises while protecting affordable housing loans in the secondary market, H1277 [18MR]

Office of the Comptroller of the Currency: prohibit funding to implement, litigate or defend the legality of, or enforce certain regulations relative to applicability of State consumer protection laws to national banks, H5370-H5372 [8JY], H7196-H7198 [15SE]

SBA: reauthorize loan programs, H10196 [20NO]

———7(a) guarantee loan program funding, H5240-H5253 [7JY], H5335, H5378 [8JY], E1401 [16JY]

Taxation: simplify the deduction for points paid relative to home mortgages (H.R. 4134), E518 [2AP]

Veterans: improve and enhance education, housing, employment, medical, and other benefits and improve and extend certain authorities relative to the administration of benefits (S. 2486), H9749-H9772 [17NO], E1992 [16NO], E2058 [18NO], E2074 [20NO]

Walker, Holly: Discover Card Tribute Award Scholarship recipient, E1267 [25JN]

Remarks in Senate

Bankruptcy: extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 2864), S10611 [6OC]

Colleges and universities: improve quality, affordability, diversity, and accessibility to qualified students (S. 1793), S9323 [15SE]

Congress: disapprove certain regulations issued by the Office of the Comptroller of the Currency (S.J. Res. 31), S3944 [7AP]

———disapprove certain regulations issued by the Office of the Comptroller of the Currency (S.J. Res. 32), S3944 [7AP]

Consumers: ban abusive credit practices, enhance consumer disclosures and protect underage consumers (S. 2755), S8743-S8746 [22JY]

———require enhanced disclosure regarding the consequences of making only minimum required payments in the repayment of credit card debt (S. 2475), S6093-S6096 [21MY], S7416 [24JN]

Crime: establish penalties for aggravated identity theft (H.R. 1731), S7527 [25JN]

Dept. of HUD: insure zero-downpayment mortgages for one-unit residences (S. 2753), S8738 [22JY], S8863 [7SE]

———provide temporary mortgage assistance to workers displaced due to international competition, S4821 [4MY]

Dept. of Labor: provide temporary mortgage assistance to workers displaced due to international competition, S3091 [24MR]

Dept. of Veterans Affairs: increase maximum amount of available home loan guaranty (S. 2522), S6807 [15JN]

Education: provide for refinancing of consolidated student loans (S. 2198), S2722 [11MR]

FHA: preserve ability to insure certain mortgages (S. 2712), S8627 [22JY]

Home Investment Partnerships Act: provide downpayment assistance (H.R. 1276), S962 [11FE]

Native American Capital Development Corp.: establish (S. 519), S11577 [19NO]

Privacy: ensure protection of personally identifiable information outsourced abroad through increased disclosure, compliance with U.S. privacy standards, and accountability (S. 2472), S6006, S6009 [20MY]

———ensure protection of personally identifiable information outsourced abroad through increased disclosure, compliance with U.S. privacy standards, and accountability (S. 2481), S6275 [1JN]

———regulate the transmission of personally identifiable information to foreign affiliates and subcontractors, S5205 [11MY]

SBA: improve loan programs (S. 2193), S2559 [10MR], S3595 [1AP]

———reauthorize loan programs, S11749-S11751, S11789 [20NO]

———reauthorize loan programs (S. 2821), S9447 [21SE]

Social Security: enhance privacy protections for individuals and prevent fraudulent misuse of account numbers (S. 2801), S9224 [14SE]

Taxation: allow a deduction for premiums on mortgage insurance (S. 846), S2215 [4MR]

———encourage homeownership and maintain mortgage interest deduction, S11614 [19NO]

———treatment of certain qualified mortgages held by a real estate mortgage investment company or a grantor trust (S. 2422), S5480, S5481 [13MY]

Veterans: improve and enhance education, housing, employment, medical, and other benefits and improve and extend certain authorities relative to the administration of benefits (S. 2486), S6288 [1JN], S10880-S10892 [8OC], S11195 [11OC], S11885 [7DE]

Reports filed

Consideration of S. 1920, Reenactment Period Extension for Chapter 12 of the Bankruptcy Code Relative to Family Farmers: Committee on Rules (House) (H. Res. 503) (H. Rept. 108-407), H127 [27JA]

Identity Theft Penalty Enhancement Act: Committee on the Judiciary (House) (H.R. 1731) (H. Rept. 108-528), H3820 [8JN]

Native American Capital Formation and Economic Development Act: Committee on Indian Affairs (Senate) (S. 519) (S. Rept. 108-404), S11377 [16NO]

Social Security Number Privacy and Identity Theft Prevention Act: Committee on Ways and Means (House) (H.R. 2971) (H. Rept. 108-685), H7137 [14SE]

Veterans' Benefits Improvements Act: Committee on Veterans' Affairs (Senate) (S. 2486) (S. Rept. 108-352), S9386 [20SE]

Zero Downpayment Act: Committee on Financial Services (House) (H.R. 3755) (H. Rept. 108-748), H8407 [6OC]

Statements

Veterans' Benefits Improvements Act (S. 2486): Senate Amendments, H9759-H9766 [17NO]

Texts of

H. Res. 503, consideration of S. 1920, reenactment period extension for chapter 12 of the bankruptcy code relative to family farmers, H144 [28JA]

H.R. 1731, Identity Theft Penalty Enhancement Act, H4808 [23JN]

H.R. 4345, increase maximum amount of available Dept. of Veterans Affairs home loan guaranty, H4818 [23JN]

S. 519, Native American Capital Formation and Economic Development Act, S11572-S11576 [19NO]

S. 1920, reenactment period extension for chapter 12 of the bankruptcy code relative to family farmers, H157-H210 [28JA]

S. 2193, Small Business Loan Revitalization Act, S2560 [10MR]

S. 2422, tax treatment of certain qualified mortgages held by a real estate mortgage investment company or a grantor trust, S5481 [13MY]

S. 2472, Increasing Notice of Foreign Outsourcing Act, S6007-S6009 [20MY]

S. 2475, Credit Card Minimum Payment Warning Act, S6095 [21MY]

S. 2481, Increasing Notice of Foreign Outsourcing Act, S6276-S6278 [1JN]

S. 2486, Veterans' Benefits Improvements Act, S6289-S6291 [1JN], S10880-S10884 [8OC], H9749-H9758 [17NO]

S. 2522, increase maximum amount of available Dept. of Veterans Affairs home loan guaranty, S6807 [15JN]

S. 2712, preserve FHA ability to insure certain mortgages, S8627 [22JY], H6695 [22JY]

S. 2753, Zero Downpayment Act, S8738 [22JY]

S. 2801, Social Security Number Privacy and Identity Theft Prevention Act, S9225-S9231 [14SE]

S. 2864, Family Farmer Bankruptcy Relief Act, S9955 [29SE], S10611 [6OC], H9011 [8OC]

S.J. Res. 31, congressional disapproval of certain regulations issued by the Office of the Comptroller of the Currency, S3945 [7AP]

S.J. Res. 32, congressional disapproval of certain regulations issued by the Office of the Comptroller of the Currency, S3945 [7AP]