FINANCIAL INSTITUTIONS
Amendments
Bankruptcy: amend laws (S. 256), S1810 [28FE], S1821, S1828, S1829, S1835, S1849, S1850, S1878, S1879, S1880, S1881 [1MR], S1895, S1908, S1910, S1911, S1918, S1920, S1925, S1952, S1953, S1954, S1955 [2MR], S1980, S1984, S1985, S1986, S1996, S2046, S2048, S2049 [3MR], S2074, S2085, S2086, S2097 [4MR], S2125, S2133, S2134, S2135, S2136, S2137, S2138, S2139, S2172, S2173, S2174, S2175, S2176, S2177, S2178, S2180, S2181, S2182, S2183, S2184, S2185, S2186, S2187, S2188, S2197 [7MR], S2203, S2229, S2230, S2276, S2277, S2288 [8MR], S2318, S2403 [9MR], S2463 [10MR], H1897 [12AP]
———amend laws (S. 256), consideration (H. Res. 211), H1991 [14AP]
Federal deposit insurance system: reform (H.R. 1185), H2931, H2932, H2979 [4MY]
Housing: reform the regulation of the housing-related Government-sponsored enterprises (H.R. 1461), H9172, H9178, H9179, H9182, H9184, H9185, H9188, H9189 [26OC]
Hurricanes: facilitate recovery from Hurricane Katrina by providing greater flexibility for, and temporary waivers of certain rules and fees imposed on depository institutions and Federal regulatory agencies (H.R. 3945), H9196 [26OC]
Analyses
Consumer Overdraft Protection Fair Practices Act: John J. LaFalce, E2156 [24OC]
Taxpayer Protection and Assistance Act (S. 832), S3828 [18AP], S4102-S4104 [21AP]
Articles and editorials
Ban on Voter Registration, H9115 [26OC]
Basel II Plan Is a Crisis in the Making, E524 [5AP]
Credit Card Firms Won as Users Lost, S2070 [4MR]
Credit Card Penalties, Fees Bury Debtors, S2124 [7MR]
Credit Card Penalties, Fees Bury Debtors; Senate Nears Action on Bankruptcy Curbs, S5226-S5228 [16MY], H2071-H2073 [14AP]
Crushing Upward Mobility, S6133 [7JN]
Helping the Least of These—Cancel Africa's Debt and Share the Wealth, E1390 [28JN]
Judges Say Overhaul Would Weaken Bankruptcy System, H2062 [14AP]
Plan That Falls Far Short of Global Needs, E1391 [28JN]
Proposed Law on Bankruptcy Has Loophole, S1993 [3MR]
SBA Program Looks Sound, H4450 [14JN], H9496 [2NO]
Stable Funding Turns Banks on to SBA Lending, H9496 [2NO]
Wages of Failure on Wall Street, E1491 [14JY]
Bills and resolutions
Armed Forces: extend period after release from active duty during which a member is protected from mortgage foreclosure (see H.R. 2644), H4073 [25MY]
———require the Dept. of Defense to notify creditors of persons in military service and persons entering military service (see H.R. 3719), H7813 [8SE]
Bank for International Settlements (organization): establish committee to develop uniform U.S. positions on issues before the Basel Committee on Banking Supervision and review capital standards accord (see H.R. 1226), H1368 [10MR]
Bankruptcy: amend laws (see S. 256), S739 [1FE] (see H.R. 685), H521 [9FE]
———amend laws (S. 256), consideration (see H. Res. 211), H1967 [13AP]
———exclude medically distressed debtors from means testing and require certain disclosures in connection with credit card applications and solicitations (see H.R. 2201), H3055 [5MY]
———limit claims in bankruptcy by certain unsecured creditors (see S. 1879), S11422 [17OC]
———limit exemption for asset protection trusts (see H.R. 1278), H1416 [14MR]
Bankruptcy Abuse Prevention and Consumer Protection Act: delay effective date (see H.R. 3662), H7673 [6SE]
Business and industry: increase interaccount transfers from business accounts and require the FRS to pay interest on certain reserves (see S. 1586), S9467 [29JY]
California: provide an additional bankruptcy judge for the eastern district (see H.R. 684), H521 [9FE]
Children and youth: encourage savings, promote financial literacy, and expand opportunities for young adults by establishing KIDS Accounts (see S. 868), S4108 [21AP] (see H.R. 1767), H2470 [21AP]
———promote financial education (see S. 925), S4398 [27AP]
College Savings Month: support goals and ideals (see H. Con. Res. 183), H4802 [20JN]
Colleges and universities: eliminate termination date on authority for schools with low default rates to make single disbursements of student loans (see H.R. 1032), H847 [1MR]
———impose a fee on holdings of student loans (see H.R. 4628), H12167 [17DE]
———improve quality, affordability, diversity, and accessibility to qualified students (see S. 371), S1344 [14FE]
Community banks: enhance ability to foster economic growth and serve their communities (see S. 1568), S9467 [29JY] (see H.R. 2061), H2879 [3MY]
Computers: criminalize Internet scams involving fraudulently obtaining personal information, commonly known as phishing (see S. 472), S1794 [28FE] (see H.R. 1099), H982 [3MR]
———prevent the use of certain bank instruments, credit cards, and fund transfers for unlawful Internet gambling (see H.R. 4411), H11034 [18NO]
Consumers: authorize demonstration project grants to entities to provide low-cost, small loans (see S. 1347), S7820 [30JN]
———establish a fair order of posting checks and deposits to prevent unjust fees that accrue only by virtue of the order used (see H.R. 4415), H11034 [18NO]
———extend certain protections to international remittance transfers of funds originating in the U.S. (see S. 31), S142 [24JA] (see H.R. 928), H793 [17FE]
———preserve competitive equity in financial services (see H.R. 3882), H8341 [22SE]
———prohibit operators of automatic teller machines that display paid advertising from imposing any fee (see H.R. 1716), H2393 [20AP]
———prohibit predatory payday loans (see S. 1878), S11422 [17OC]
———protect from predatory mortgage lending practices (see H.R. 1994), H2736 [28AP]
———protect from predatory mortgage lending practices and provide housing counseling opportunities (see H.R. 4471), H11326 [8DE]
———protect from usury and unreasonable fees (see H.R. 1619), H1969 [13AP]
———protect innocent parties from certain fees imposed by depository institutions for dishonored checks (see H.R. 2643), H4073 [25MY]
———protect low and moderate income individuals from certain predatory lending practices (see H.R. 1643), H2100 [14AP]
———require enhanced disclosure regarding the consequences of making only minimum required payments in the repayment of credit card debt (see H.R. 3852), H8247 [21SE]
———require notice before fees may be imposed for any overdraft protection service in connection with any transaction (see H.R. 4414), H11034 [18NO]
Credit: ban abusive credit practices, enhance consumer disclosures and protect underage consumers (see S. 499), S1931 [2MR]
———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. 1182), H1263 [9MR]
———improve ratings quality through competition, transparency, and accountability in the credit rating agency industry (see H.R. 2990), H4802 [20JN]
———protect consumers from payday lenders demanding exorbitant interest rates and participating in other unfair practices (see H.R. 1660), H2101 [14AP]
———provide for enhanced disclosure under an open end credit plan (see S. 1040), S5219 [16MY] (see H.R. 4413), H11034 [18NO]
———require credit card issuers to apply low interest rates to credit extended to pay certain medical expenses and prohibit hospitals from immediately reporting patients who are delinquent with payment (see H.R. 1238), H1369 [10MR]
Credit cards: prevent issuers from taking advantage of traditional college students and protect parents of such students (see H.R. 1208), H1264 [9MR]
———protect consumers from unfair practices of issuers (see H.R. 3492), H6934 [27JY]
Credit unions: expand access of Federal credit union members to money order and check cashing services (see H.R. 749), H582 [10FE]
———limitations on certain member business loans (see H.R. 191), H77 [4JA]
Demand deposits: repeal prohibition on payment of interest (see H.R. 1224), H1368 [10MR]
Dept. of Education: expand the bases on which student loan borrowers may obtain deferments of their repayment obligations (see H.R. 2527), H3768 [23MY]
———extend waiver authority relative to student financial assistance during war or other military operation or national emergency (see H.R. 2132), H3052 [5MY]
———provide student loan forgiveness to surviving spouses of the victims of terrorist attacks (see H.R. 1523), H1845 [6AP]
———revise regulations for student loan payment deferment for borrowers who are in postgraduate medical or dental internship, residency, or fellowship programs (see S. 1246), S6481 [14JN]
Dept. of HUD: insure zero-downpayment mortgages for one-unit residences (see H.R. 3043), H5100 [23JN]
———provide grants to States, local governments, and nonprofit organizations for education programs on predatory lending and establish a toll-free number for complaints (see H.R. 200), H77 [4JA]
Dept. of Labor: provide temporary mortgage assistance to workers displaced due to international competition (see H.R. 3088), H5361 [28JN]
Dept. of the Treasury: authorize a special round of funding by the Community Development Financial Institutions Fund for assistance in areas affected by Hurricane Katrina (see H.R. 4020), H8807 [7OC]
———take certain actions relative to the Arab Bank (see H.R. 3370), H6204 [20JY]
Disasters: moratorium on payment of principal or interest on certain mortgage loans, small business loans, and consumer loans for residents of a Federal disaster area (see H. Con. Res. 257), H8643 [29SE]
———moratorium on payment of principal or interest on certain mortgage loans secured by residential or commercial real estate located in Hurricanes Katrina or Rita disaster areas (see H.R. 4027), H8807 [7OC]
Education: allow borrowers consolidating student loans to choose a variable or fixed interest rate (see H.R. 1617), H1969 [13AP]
———expand loan forgiveness and loan cancellation programs for teachers and nurses (see H.R. 1522), H1845 [6AP]
———expand loan forgiveness for child care providers including preschool teachers (see S. 1432), S8559 [20JY]
———extend student loan forgiveness to Head Start teachers (see S. 117), S145 [24JA] (see H.R. 2340), H3260 [12MY]
———extend student loan repayment schedules for graduates who enter into public service (see H.R. 1859), H2549 [26AP]
———improve recruitment, preparation, distribution, and retention of public elementary and secondary school teachers and principals (see S. 1218), S6299 [9JN] (see H.R. 2835), H4354 [9JN]
———provide funding for student loan repayment for public attorneys (see S. 2039), S13161 [17NO] (see H.R. 198), H77 [4JA]
———provide loan forgiveness for family law attorneys who represent low-income families or individuals (see S. 1431), S8559 [20JY]
———provide loan forgiveness for social workers who work for child protective agencies (see S. 1430), S8558 [20JY] (see H.R. 127), H75 [4JA]
———provide loan forgiveness to encourage individuals to become and remain school administrators in low-income areas (see H.R. 4522), H11503 [13DE]
———provide relief to students, schools, and student borrowers affected by natural disasters (see H.R. 3690), H7742 [7SE]
———provide student loan forgiveness to teachers who work in tribal colleges or universities (see S. 731), S3278 [6AP]
Expedited Funds Availability Act: redress imbalances between faster withdrawals permitted under the Check 21 Act and slower rates for crediting deposits (see H.R. 799), H627 [15FE]
Fair Credit Reporting Act: provide for secure financial data (see S. 2169), S14317 [21DE] (see H.R. 3375), H6326 [21JY] (see H.R. 3997), H8733 [6OC]
Fair Debt Collection Practices Act: exempt mortgage servicers from certain requirements relative to Federal mortgage loans secured by a first lien (see H.R. 1025), H846 [1MR]
FDIC: provide coverage for municipal deposits (see H.R. 544), H349 [2FE]
Federal Credit Union Act: amend provisions relative to any conversion of a credit union charter to a mutual savings bank or savings association charter (see H.R. 3206), H5739 [12JY]
———clarify definition of net worth under certain circumstances for purposes of corrective action authority of the National Credit Union Administration Board (see H.R. 1042), H940 [2MR]
Federal Deposit Insurance Act: improve (see S. 2141), S13965 [17DE]
Federal Deposit Insurance Reform Act: technical corrections and conforming amendments necessary for implementation (see H.R. 4636), H12289 [18DE]
Federal deposit insurance system: reform (see H.R. 1185), H1263 [9MR]
———reform (H.R. 1185), consideration (see H. Res. 255), H2878 [3MY]
FHA: remove limitation on the number of reverse mortgages that may be insured (see S. 1710), S10119 [15SE] (see H.R. 2892), H4485 [14JN]
Financial Literacy Month: designate (see S. Res. 88), S2995 [17MR]
———support goals and ideals (see H. Res. 148), H1371 [10MR]
Financial services: provide an exemption from certain requirements under the Gramm-Leach-Bliley Act (see H.R. 2387), H3434 [17MY]
Foreign aid: prohibit funding for loans to or projects within a country until all extradition requests are honored for individuals accused of crimes punishable by life imprisonment or death (see H.R. 1939), H2647 [27AP]
FRS: permit members of the Boad of Governors to be appointed for more than one term of office (see H.R. 3720), H7813 [8SE]
FTC: establish and enforce procedures for protection of consumers from misuse of, and unauthorized access to, personal information contained in files maintained by certain businesses (see S. 1336), S7614 [29JN] (see S. 1461), S8664 [21JY]
———issue rules which prohibit expiration dates and fees on gift certificates (see H.R. 85), H74 [4JA]
Government regulations: ease credit union regulatory burdens, advance credit union efforts to promote economic growth, and modernize credit union net worth standards (see H.R. 2317), H3259 [12MY]
———provide regulatory relief and improve productivity for insured depository institutions (see H.R. 3505), H7556 [28JY]
———require disclosure of financial relationships between brokers and mutual fund companies and of certain brokerage commissions paid by mutual fund companies (see S. 1037), S5219 [16MY]
Higher Education Act: enhance literacy in finance and economics (see S. 468), S1794 [28FE]
———improve opportunity for Federal student loan borrowers to consolidate their loans at reasonable interest rates (see H.R. 1089), H981 [3MR]
———incorporate results from the Fed Up Initiative which identifies outdated or burdensome regulations (see H.R. 508), H347 [2FE]
———permit refinancing of student consolidation loans and increase Pell Grant maximum awards (see H.R. 1338), H1621 [16MR]
———permit refinancing of student consolidation loans and permit student freedom to select a loan consolidator (see H.R. 1029), H847 [1MR]
Housing: combat unfair and deceptive practices in the high-cost mortgage market, strengthen civil remedies, promote uniform lending and appraisal standards, and establish licensing standards for mortgage brokers (see H.R. 1295), H1506 [15MR]
———enhance regulation of secondary mortgage market enterprises (see S. 190), S574 [26JA]
———ensure that any affordable housing assistance program of Fannie Mae or Freddie Mac allows participation by nonprofit organizations that engage in voter registration activities (see H.R. 4231), H9695 [4NO]
———reform the regulation of the housing-related Government-sponsored enterprises (see H.R. 1461), H1777 [5AP]
———reform the regulation of the housing-related Government-sponsored enterprises (H.R. 1461), consideration (see H. Res. 509), H9101 [25OC]
———require energy efficiency certifications for mortgage insurance be conducted by accredited home energy rating system providers (see H.R. 2751), H4186 [7JN]
Hurricanes: encourage lenders holding mortgages in communities devastated by Hurricanes Katrina and Rita to not foreclose on such mortgages until Congress considers relief legislation (see S. Res. 340), S14186 [20DE] (see S. Res. 347), S14317 [21DE]
———facilitate recovery from Hurricane Katrina by providing greater flexibility for, and temporary waivers of certain rules and fees imposed on depository institutions and Federal regulatory agencies (see H.R. 3945), H8642 [29SE]
———facilitate recovery from hurricanes by providing greater flexibility for, and temporary waivers of certain rules and fees imposed on depository institutions and Federal regulatory agencies (see H.R. 4146), H9275 [26OC]
———provide emergency authority to guarantee checks cashed by insured depository institutions and credit unions for noncustomers who are victims of certain hurricanes (see H.R. 3909), H8386 [27SE]
———provide student loan forgiveness to the surviving spouses and parents of the victims of Hurricane Katrina (see H.R. 3802), H8087 [15SE]
———provide student loan forgiveness to the surviving spouses and parents of the victims who were Hurricane Katrina or Hurricane Rita first responders (see H.R. 4074), H8918 [18OC]
Immigration: prohibit loans by Federal agencies to aliens who are unlawfully present in the U.S. (see H.R. 4580), H12047 [16DE]
———prohibit use of identification issued by foreign governments, other than passports, for purposes of verifying identity of a person opening an account (see H.R. 815), H629 [15FE]
———remove discretion of Dept. of Homeland Security relative to expedited removal and prohibit issuance of residential mortgages to illegal aliens (see H.R. 4032), H8808 [7OC]
Individuals With Disabilities Education Act: enhance educational services for persons with autism spectrum disorders and expand loan forgiveness for teachers of autistic children (see H.R. 4059), H8846 [17OC]
Insurance: reform Federal deposit insurance system and merge bank and savings association deposit insurance funds (see S. 1562), S9467 [29JY]
International economic relations: authorize appropriations for and reform certain development banks (see S. 1129), S6021 [26MY]
———provide for cancellation of debts owed to international financial institutions by heavily indebted poor countries (see S. 1320), S7520 [28JN] (see H.R. 3191), H5602 [30JN]
———provide for cancellation of debts owed to international financial institutions by poor countries (see H.R. 1130), H983 [3MR]
International Organizations Immunities Act: apply to the Bank for International Settlements (organization) (see H.R. 3269), H5800 [13JY]
Lawyers and attorneys: provide financial assistance to law school graduates who choose to accept employment in a public interest position (see H.R. 1753), H2469 [21AP]
Money: provide international money transfer services to nonmembers and require certain disclosures in connection with any international money transfer (see H.R. 1003), H846 [1MR]
Native Americans: provide for sale and assignment of loans and underlying security (see S. 1758), S10378 [22SE]
Pharmaceuticals: standardize certification of Internet pharmacies and prohibit certain advertising by, and use of certain bank instruments for purchases from, illegal Internet pharmacies (see H.R. 1808), H2471 [21AP]
Privacy: notify customers of unauthorized use of personal information (see S. 1216), S6299 [9JN] (see H.R. 3501), H7556 [28JY]
———prevent and mitigate identity theft, ensure privacy, and enhance penalties, law enforcement, and other protections against security breaches, fraudulent access, and misuse of personally identifiable information (see S. 1332), S7614 [29JN] (see S. 1789), S10723 [29SE]
———protect and enhance consumer privacy (see H.R. 3140), H5599 [30JN]
———protect consumers by requiring reasonable security policies and procedures to protect computerized data containing personal information and require data breach notification (see H.R. 4127), H9102 [25OC]
———regulate the transmission of personally identifiable information to foreign affiliates and subcontractors (see S. 810), S3653 [14AP]
———require consent of an individual prior to the sale and marketing of personally identifiable information (see S. 116), S145 [24JA]
———require financial services providers to maintain customer information security systems and notify customers of unauthorized use of personal information (see S. 1594), S9468 [29JY]
———strengthen data protection and safeguards, require data breach notification, and further prevent identity theft (see S. 1408), S8302 [14JY] (see H.R. 3374), H6326 [21JY]
Public welfare programs: promote financial education under the Temporary Assistance for Needy Families Program and allow such education to count as a work activity under that program (see S. 923), S4397 [27AP]
Real estate: authorize a homeowner to recover treble damages from the homeowner's mortgage escrow servicer for failure to make timely payments for homeowners insurance, taxes, or other charges (see H.R. 3455), H6933 [27JY]
———clarify that financial holding companies and national banks are authorized to engage in real estate brokerage or real estate management activities (see H.R. 2660), H4138 [26MY]
———prohibit financial holding companies and national banks from engaging, directly or indirectly, in real estate brokerage or real estate management activities (see S. 98), S144 [24JA] (see H.R. 111), H74 [4JA]
Saudi Arabia: divest U.S. pension or thrift savings plans and mutual funds sold or distributed in any U.S. financial institution that has outstanding loans to, or financial activities in Saudi Arabia (see H.R. 4543), H11653 [14DE]
SBA: clarify authority to make economic injury disaster loans in response to disasters caused by drought (see H.R. 1394), H1692 [17MR]
———clarify authority to provide emergency assistance to non-farm related small business concerns that have suffered substantial economic harm from drought (see S. 1463), S8664 [21JY]
———establish a National Preferred Lender Program and facilitate delivery of financial assistance to small businesses (see S. 1603), S9468 [29JY]
———foster local development by facilitating the delivery of financial assistance to small businesses (see S. 2162), S14316 [21DE]
Schools: establish additional safeguards on schools acting as lenders under the Federal Family Education Loan Program (see H.R. 555), H350 [2FE]
———establish State infrastructure banks to improve financing of school construction and renovation (see S. 2057), S13361 [18NO]
Senior citizens: establish grant program to provide financial and retirement education programs to reduce financial abuse and fraud among mid-life and older individuals (see S. 924), S4398 [27AP] (see H.R. 392), H234 [26JA]
Small business: provide low interest loans to nonprofit, community-based lending intermediaries and mid-size loans to small business concerns (see S. 416), S1622 [17FE] (see H.R. 2639), H4073 [25MY]
Social Security: enhance privacy protections for individuals and prevent fraudulent misuse of account numbers (see H.R. 1745), H2394 [20AP]
———establish an effective real annual rate of interest for special obligations issued to trust funds (see H.R. 1123), H983 [3MR]
———include a ``Community Bank Option'' in reform legislation (see H. Res. 209), H1895 [12AP]
———invest trust funds in marketable interest-bearing securities and insured certificates of deposit, and protect trust funds from public debt limit (see H.R. 219), H78 [4JA]
———limit the misuse of Social Security numbers and establish criminal penalties for such misuse (see S. 29), S142 [24JA]
States: clarify applicability of State law to national banks and Federal savings associations (see S. 1502), S8949 [26JY] (see H.R. 3426), H6649 [26JY]
Taxation: allow a deduction for premiums on mortgage insurance (see S. 132), S145 [24JA] (see H.R. 3098), H5361 [28JN]
———allow certain modifications to be made to qualified mortgages held by a real estate mortgage investement company or a grantor trust (see S. 580), S2383 [9MR] (see H.R. 1010), H846 [1MR]
———allow exclusion of tax-exempt bonds issued for health care or educational purposes in determination of interest expenses of financial institutions (see H.R. 1140), H1023 [8MR]
———allow investment of certain coins in individual retirement accounts and other individually directed pension plan accounts (see S. 804), S3653 [14AP]
———allow taxpayers to split refunds and make deposits electronically among certain accounts (see H.R. 1048), H940 [2MR]
———clarify that a North American Development Bank guarantee is not considered a Federal guarantee for purposes of determining tax-exempt status of bonds (see S. 533), S2083 [4MR] (see H.R. 1771), H2470 [21AP]
———clarify the mortgage subsidy bond benefits for residences located in disaster areas (see H.R. 3716), H7813 [8SE]
———exclude from gross income certain interest amounts received by individuals (see H.R. 221), H78 [4JA]
———exclude from gross income discharges of indebtedness attributable to certain forgiven residential mortgage obligations (see H.R. 3458), H6933 [27JY]
———exclude from gross income employer contributions to college tuition plans and education savings accounts (see H.R. 3585), H7559 [28JY]
———exclude from gross income interest received on loans secured by agricultural real property (see S. 238), S738 [1FE] (see H.R. 399), H234 [26JA]
———extend the exemption from unrelated business tax for debt-financed property to church pension plans (see H.R. 3587), H7560 [28JY]
———maintain current mortgage interest deduction (see H. Con. Res. 272), H9043 [20OC]
———make Hope Scholarship and Lifetime Learning Credits refundable and allow taxpayers to obtain short-term student loans by using the future refund of such credits as collateral for the loans (see H.R. 1756), H2469 [21AP]
———permanently extend the subpart F exemption for active financing income (see S. 1159), S6022 [26MY] (see H.R. 1417), H1693 [17MR]
———provide a 100 percent deduction for expenses related to identity theft (see H.R. 3804), H8087 [15SE]
———provide additional protections for recipients of the earned income tax credit (see S. 324), S1198 [9FE] (see H.R. 969), H795 [17FE]
———provide for the deductibility of higher education expenses (see H.R. 117), H75 [4JA]
———provide for the deductibility of higher education expenses and interest on student loans (see H.R. 401), H234 [26JA]
———provide taxpayer protection and assistance relative to tax preparation (see S. 832), S3817 [18AP]
———repeal limits on the deduction of interest on education loans (see H.R. 1033), H847 [1MR]
———simplify determination and deduction of interest on qualified education loans (see S. 1964), S12401 [4NO]
———treatment of student loan payments made by employers on behalf of employees (see H.R. 265), H137 [6JA]
Taxpayer-Teacher Protection Act: make teacher loan forgiveness provisions permanent (see H.R. 367), H233 [26JA] (see H.R. 670), H412 [8FE]
Terrorism: combat financing (see H.R. 3007), H4895 [21JN]
Trans-Alaska Pipeline System: prevent the retroactive application of Quality Bank valuation methodologies (see S. 822), S3735 [15AP] (see H.R. 2038), H2737 [28AP]
Truth in Lending Act: extend certain protections to overdraft protection programs, require consent to initiate, and enhance information on overdraft protection, and prohibit manipulation to generate overdraft protection fees (see H.R. 3449), H6932 [27JY]
———require stores offering credit or charge accounts to prominently display certain information (see H.R. 833), H629 [15FE]
Veterans: provide housing loan benefits for the purchase of residential cooperative apartment units (see S. 2121), S13786 [16DE] (see H.R. 4537), H11653 [14DE]
Cloture motions
Bankruptcy: amend laws (S. 256), S2053 [4MR], S2216 [8MR]
Explanations
Federal Deposit Insurance Reform Act (H.R. 4636), E2624 [19DE]
Factsheets
Net Worth Amendment for Credit Unions Act, H4370 [13JN]
Taxpayer Abuse Prevention Act: Several Consumer Organizations, S1201 [9FE]
Letters
Bankruptcy Abuse Prevention and Consumer Protection Act: Association of Insolvency and Restructuring Advisors, H2051 [14AP]
———Deborah Cutler-Ortiz, Children's Defense Fund (organization), S2227 [8MR], S2408 [10MR]
———Lisalyn R. Jacobs, Legal Momentum (organization), H1983 [14AP]
———Margot Bean, National Child Support Enforcement Association, H1982 [14AP]
———Nancy Duff Campbell, Marcia Greenberger, and Joan Entmacher, National Women's Law Center, S1839 [1MR], S2226 [8MR], H1982 [14AP]
———Physicians for a National Health Program (organization), S1840 [1MR]
———several bankruptcy and commercial law professors, H1984-H1986 [14AP]
———several financial institutions and associations, S1840 [1MR]
———Wade Henderson and Nancy Dirkin, Leadership Conference on Civil Rights, H1983 [14AP]
———Willard P. Ogburn and John Rao, National Consumer Law Center, Inc., S1839 [1MR]
Bankruptcy protection for victims of domestic violence by granting relief from summary eviction from rental housing: Jill Morris, National Coalition Against Domestic Violence, S2230 [8MR]
———several domestic violence organizations, S2229 [8MR]
Exempt from bankruptcy means testing certain National Guard and Reserve members: Joseph A. Violante, DAV, H2075 [14AP]
Expanded Access to Financial Services Act: Fred R. Becker, Jr., National Association of Federal Credit Unions, H2501 [26AP]
Federal Deposit Insurance Reform Act: Steve Bartlett, Financial Services Roundtable (organization), H2934 [4MY]
Federal Housing Finance Reform Act: Representative Oxley, Committee on Financial Services (House), H9136, H9137 [26OC]
———Representative Sensenbrenner, Committee on the Judiciary (House), H9136 [26OC]
———Representative Thomas, Committee on Ways and Means (House), H9137 [26OC]
Financial Literacy Month: Bruce E. Thompson, Jr., Merrill Lynch and Co., Inc., H1800 [6AP]
———David S. Chernow, Junior Achievement (organization), H1800 [6AP]
Low-Cost Alternatives to Payday Loans Act: Jean Ann Fox, Consumer Federation of American, Edmund Mierzwinski, U.S. Public Interest Research Group, and Mark Pearce, Center for Responsible Lending, S7830 [30JN]
Medical debt of individuals who file for bankruptcy protection: several medical and law professors, S6010 [26MY]
———William E. Moschella, Dept. of Justice, S2078 [4MR]
Modify definition of disinterested person in the bankruptcy code relative to conflict-of-interest standards: William H. Donaldson, SEC, S2330 [9MR]
———several consumer organizations, S2329 [9MR]
Mutual Fund Transparency Act: David Certner, AARP, S5224 [16MY]
———several consumer organizations, S5223 [16MY]
Predatory Payday Loan Prohibition Act: several consumer organizations, S11439 [17OC]
Prevent unsecured creditors from attempting to collect accruing interest and additional fees from consumers entering into credit counseling consolidated payment plans: several consumer organizations, S2313 [9MR]
Prohibit faith-based and nonprofit groups from receiving certain affordable housing funding if they engage in voter registration or get-out-the-vote activities: American Association of Homes and Services for the Aging, H9193 [26OC]
———Bradley M. Schaeffer, Jesuit Conference (organization), H9118 [26OC]
———Curtis Decker, Consortium for Citizens With Disabilities, H9193 [26OC]
———Joseph Flannigan, Society of St. Vincent de Paul, H9993 [8NO]
———Kwasi A. Thornell and John Bryson, Episcopal Church, H9119 [26OC]
———Larry Snyder, Catholic Charities USA (organization), H9113 [26OC]
———Nicholas DiMarzio, U.S. Conference of Catholic Bishops, H9137, H9192 [26OC]
———Union of Orthodox Jewish Congregations of America, H9193 [26OC]
———several Hispanic American organizations, H9118 [26OC]
———several nonprofit organizations, H9119 [26OC]
Protect employees and retirees from corporate practices that deprive them of earnings and retirement savings when businesses file for bankruptcy: Kenneth Schmidt, H11755 [15DE]
———William Samuel, AFL-CIO, S1989 [3MR]
———several consumer organizations, S1989 [3MR]
Restrict access to certain personal information in bankruptcy documents: Leonidas R. Mecham, Judicial Conference of the U.S., S1851 [1MR]
SBA loan programs funding: several small business associations, H9495 [2NO]
Taxpayer Abuse Prevention Act: National Consumer Law Center Inc., S1201 [9FE]
Lists
Amendments made in order to bankruptcy bills—105th-109th Congress, H1979 [14AP]
Amendments to S. 256, Bankruptcy Abuse Prevention and Consumer Protection Act, submitted to the Committee on Rules (House) and denied consideration by the rule, H1976 [14AP]
Organizations supporting Dodd amendment to S. 256, Bankruptcy Abuse Prevention and Consumer Protection Act, to protect assets necessary for the financial support of children, S2310 [9MR]
Quotes by Federal financial leaders on maintaining current Federal deposit insurance rates, H2935 [4MY]
Messages
National Emergency Relative to Iraq: President Bush, S5531 [19MY]
Motions
Bankruptcy: amend laws (S. 256), H2074 [14AP]
Housing: reform the regulation of the housing-related Government-sponsored enterprises (H.R. 1461), H9192 [26OC]
Press releases
Harvard Study Shows Legislation a Danger to Millions Bankrupted by Medical Bills: Physicians for a National Health Program (organization), S1840 [1MR]
ICI Lauds Formation of the Financial Literacy Caucus: Investment Company Institute, H1801 [6AP]
NASAA Commends Launch of Congressional Financial and Economic Literacy Caucus: North American Securities Administrators Association, H1801 [6AP]
National Association of Mortgage Brokers Applauds Resolution Declaring April ``Financial Literacy Month'': National Association of Mortgage Brokers, H1800 [6AP]
NCEE Applauds Launch of ``Financial and Economic Literacy Caucus'': National Council on Economic Education, H1800 [6AP]
Proclamations
Tribute to Allen R. Stanford: Representative Ney, E1853 [15SE]
Remarks in House
AID: tribute to Cooperative Development Program funding for the World Council of Credit Unions, E1742 [29JY]
Balmert, Stephen C.: Discover Card Tribute Award Scholarship recipient, E1596 [25JY]
Bankruptcy: amend laws (S. 256), H1606 [16MR], H1856 [12AP], H1946 [13AP], H1993, H2062-H2077, H2084, H2086 [14AP], H2631 [27AP], E623 [12AP], E677 [18AP], E699, E704 [19AP], E737 [22AP], E754 [25AP], E838 [2MY]
———amend laws (S. 256), consideration (H. Res. 211), H1974 [14AP]
———exempt from means testing certain National Guard and Reserve members, H2074, H2075 [14AP]
———exempt from means testing debtors whose financial situations were caused by identity theft, H1978, H1990 [14AP]
———limit exemption for asset protection trusts (H.R. 1278), H1407 [14MR]
———protect assets necessary for the financial support of children, H1981, H1982 [14AP]
———protect employees and retirees from corporate practices that deprive them of earnings and retirement savings when businesses file for bankruptcy, H4160, H4162 [7JN], H4277-H4285 [8JN], H4564 [16JN], H6207 [21JY], H8134 [20SE], H9350 [27OC]
———protect victims of domestic violence by granting relief from summary eviction from their homes, H2060 [14AP]
Budget: allocation of funds, H2641-H2643 [27AP]
Commerce Bancshares, Inc.: St. Joseph, MO, YWCA Women of Excellence Award for Employer of Excellence recipient, E1240 [15JN]
Congress: accomplishments of the 109th Congress, H4901 [22JN]
Consumers: establish lifeline banking for low-income individuals, H12278 [18DE]
Corporations: regulate excessive compensation of corporate officials, E1490 [14JY]
Credit: 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 (H.R. 1182), H2110 [19AP]
———improve ratings quality through competition, transparency, and accountability in the credit rating agency industry (H.R. 2990), H5255 [28JN]
———require credit card issuers to apply low interest rates to credit extended to pay certain medical expenses and prohibit hospitals from immediately reporting patients who are delinquent with payment (H.R. 1238), E418 [10MR]
———require underage consumers to demonstrate ability to pay, complete a certified counseling credit course, or submit a cosigned application prior to extension of credit, H2060 [14AP]
Credit cards: prevent issuers from taking advantage of traditional college students and protect parents of such students (H.R. 1208), E397 [9MR]
———prohibit issuers from increasing a consumers interest rate based on credit information unrelated to transactions with the consumer, H5277-H5279 [28JN], H5487, H5488 [30JN]
———prohibit issuers from increasing interest rates of consumers which incur medical expenses and have difficulty repaying in a timely manner, H1975 [14AP]
Credit unions: expand access of Federal credit union members to money order and check cashing services (H.R. 749), H2500-H2503 [26AP]
Demand deposits: repeal prohibition on payment of interest (H.R. 1224), H3738, H3740 [23MY], E1070, E1083 [24MY]
Dept. of Agriculture: reduce interest rate on loans to processors of sugar beets and sugarcane, H4252-H4257 [8JN]
Dept. of Education: extend waiver authority relative to student financial assistance during war or other military operation or national emergency (H.R. 2132), H8111, H8112 [20SE]
Dept. of HUD: prohibit funding for mortgage insurance for mortgages or loans made by a lender engaging in predatory lending, H5526, H5527 [30JN]
Disasters: moratorium on payment of principal or interest on certain mortgage loans secured by residential or commercial real estate located in Hurricanes Katrina or Rita disaster areas (H.R. 4027), E2070 [7OC]
Dover, NJ: anniversary of Spanish American Federal Credit Union, E657 [15AP]
Economy: support financial literacy, H2055 [14AP], H4176-H4179 [7JN]
Education: funding, H11513, H11514 [14DE], H12261, H12267 [18DE]
———improve recruitment, preparation, distribution, and retention of public elementary and secondary school teachers and principals (H.R. 2835), E1193 [9JN]
———prevent abuse of special allowance subsidies under the Federal Family Education Loan Program, H5142 [24JN]
———student financial aid programs, H1631 [17MR]
———student financial aid programs funding, H369 [8FE], H1608 [16MR], H4995, H4997, H5035 [23JN], H9017 [20OC], H9476 [2NO], H9558 [3NO], H10044, H10048 [9NO], H10627, H10630, H10631, H10632, H10641, H10642 [17NO], H11075 [6DE], H12237 [18DE], E2483 [8DE]
———student loan programs, H10631, H10632 [17NO]
———student loan programs funding, H2640 [27AP], H11961 [16DE]
Eximbank: clarify criteria for approving loan applications, H5284 [28JN]
———compel the Board of Directors to vote on every proposal for financing whether or not the proposal meets the basic congressionally mandated conditions for approval, E1382 [28JN]
———encourage renewable energy and energy efficiency projects, H5345 [28JN]
———funding, E1398 [30JN]
———limit funding relative to confirmation of an Inspector General, H5344 [28JN]
———prohibit funding to approve loan guarantees for nuclear powerplant construction in the People's Republic of China, H5336-H5338 [28JN]
———proposed financing package for Chinese semiconductor manufacturer, E1382-E1385 [28JN]
Expedited Funds Availability Act: redress imbalances between faster withdrawals permitted under the Check 21 Act and slower rates for crediting deposits, H2932 [4MY]
———redress imbalances between faster withdrawals permitted under the Check 21 Act and slower rates for crediting deposits (H.R. 799), E232 [15FE]
Fair Debt Collection Practices Act: exempt mortgage servicers from certain requirements relative to Federal mortgage loans secured by a first lien (H.R. 1025), H1791-H1794 [6AP]
FDIC: provide coverage for municipal deposits, H2920, H2934 [4MY]
Federal Credit Union Act: clarify definition of net worth under certain circumstances for purposes of corrective action authority of the National Credit Union Administration Board (H.R. 1042), H4368-H4371 [13JN], E367 [3MR]
Federal Deposit Insurance Reform Act: technical corrections and conforming amendments necessary for implementation (H.R. 4636), H12278 [18DE]
Federal deposit insurance system: maintain current rates, H2922, H2923, H2932-H2935 [4MY]
———reform, H12273 [18DE]
———reform (H.R. 1185), H2919-H2936 [4MY], E2645 [22DE]
———reform (H.R. 1185), amendment process, H2719 [28AP]
———reform (H.R. 1185), consideration (H. Res. 255), H2889-H2891 [4MY]
———reform (H.R. 1185), corrections in engrossment, H2937 [4MY]
Federal Housing Finance Agency: require housing-related Government-sponsored enterprises to disclose charitable contributions, H9115 [26OC]
FHA: remove limitation on the number of reverse mortgages that may be insured (H.R. 2892), H5082 [23JN], H11586-H11588 [14DE], E2636 [22DE]
Financial Literacy Month: support goals and ideals, H2154 [20AP]
———support goals and ideals (H. Res. 148), H1797-H1802 [6AP], H1871 [12AP]
F&M Trust Co.: anniversary, E2510 [13DE]
GIC Group: tribute, E272 [17FE]
Glenwood, MN: anniversary of Independent Community Bankers of America (organization), E895 [5MY]
Government regulations: ease credit union regulatory burdens, advance credit union efforts to promote economic growth, and modernize credit union net worth standards (H.R. 2317), E957 [13MY]
Hartsville, TN: anniversary of Citizens Bank, E1988 [29SE]
Head Start Program: require faith-based organizations providing Head Start services to establish separate bank accounts for Federal funding, E1977 [28SE]
Housing: conforming loan limit levels, H9115, H9138, H9185-H9188 [26OC]
———eliminate the ability of certain housing-related Government-sponsored enterprises to borrow from the Treasury, H9184, H9185 [26OC]
———establish assistance for hurricane victims through affordable housing funding, H9118 [26OC]
———establish minimum risk-based capital standards for housing-related Government-sponsored enterprises, H9179, H9180 [26OC]
———exclude faith-based organizations from requirement for organizations receiving certain affordable housing funding to designate such activities as their primary purpose, H9176-H9178, H9192, H9195 [26OC]
———include alternative credit scoring in Annual Housing Report Regarding Regulated Entities, H9188 [26OC]
———limit housing-related Government-sponsored enterprises control of assets and liabilities relative to systemic risk to the housing or capital markets, H9182-H9184 [26OC]
———make definition of ``rural'' for housing-related Government-sponsored enterprises consistent with definition contained in the Housing Act, H9179 [26OC]
———permit housing-related Government-sponsored enterprises to purchase personal property loans secured by manufactured housing, H9178 [26OC]
———prohibit faith-based and nonprofit groups from receiving certain affordable housing funding if they engage in voter registration or get-out-the-vote activities, H9111-H9123, H9127-H9134, H9136-H9140, H9176-H9178, H9192-H9195 [26OC], H9992 [8NO], E2197, E2198 [27OC], E2231 [1NO]
———reform the regulation of the housing-related Government-sponsored enterprises (H.R. 1461), H8922 [19OC], H8990, H9013, H9016 [20OC], H9126-H9196 [26OC], H9992 [8NO], E2197, E2198, E2202 [27OC], E2221 [28OC], E2231 [1NO], E2254 [3NO]
———reform the regulation of the housing-related Government-sponsored enterprises (H.R. 1461), amendment process, H9012 [20OC]
———reform the regulation of the housing-related Government-sponsored enterprises (H.R. 1461), consideration (H. Res. 509), H9110-H9123 [26OC]
———reform the regulation of the housing-related Government-sponsored enterprises (H.R. 1461), corrections in engrossment, H9196 [26OC]
———reform the regulation of the housing-related Government-sponsored enterprises (H.R. 1461), motion to recommit, H9192-H9195 [26OC]
———restore Presidential appointees to the boards of Fannie Mae and Freddie Mac and retain regulatory appointees and make certain modifications to the boards of Federal Home Loan Banks, H9189, H9190 [26OC]
Hurricanes: facilitate recovery from Hurricane Katrina by providing greater flexibility for, and temporary waivers of certain rules and fees imposed on depository institutions and Federal regulatory agencies (H.R. 3945), H9123-H9125, H9196 [26OC]
International economic relations: proposed revision of minimum capital requirements for financial institutions, E524 [5AP]
———provide for cancellation of debts owed to international financial institutions by poor countries, E1390 [28JN]
———provide for cancellation of debts owed to international financial institutions by poor countries (H.R. 1130), H3685 [19MY], E2013 [6OC]
International Organizations Immunities Act: apply to the Bank for International Settlements (organization) (H.R. 3269), H11055 [6DE]
Investments: importance of hedge funds, E1697 [29JY]
IRS: prevent from setting up tax preparation services within the agency, H10940, H10941 [18NO]
Labor unions: use of pension and financial services funds to back Social Security privatization proposals, H2751 [3MY]
Laredo, TX: tribute to opening of new Commerce Bank headquarters, E1289 [20JN]
Las Vegas, NV: tribute to Nevada Federal Credit Union, E196 [9FE]
Pension Benefit Guaranty Corp.: protect employees and retirees from corporate practices that deprive them of earnings and retirement savings when businesses file for bankruptcy, H10013-H10017 [8NO], H11759 [15DE]
Phoenix Companies, Inc.: tribute, E1389 [28JN]
Privacy: notify customers of unauthorized use of personal information (H.R. 3501), E1743 [29JY]
Republican Party: national agenda, H3118 [11MY]
SBA: loan programs funding, H9492-H9496 [2NO]
———Microloan program funding, E1242 [15JN]
———7(a) guaranteed loan program funding, H4449-H4454 [14JN], H8975 [19OC], E1242 [15JN]
Small business: provide low interest loans to nonprofit, community-based lending intermediaries and mid-size loans to small business concerns (H.R. 2639), E1088 [25MY]
Social Security: enhance privacy protections for individuals and prevent fraudulent misuse of account numbers (H.R. 1745), E720 [21AP]
———invest trust funds in marketable interest-bearing securities and insured certificates of deposit, and protect trust funds from public debt limit (H.R. 219), E6 [4JA]
States: clarify applicability of State law to national banks and Federal savings associations (H.R. 3426), E1625 [27JY]
Taxation: allow a deduction for premiums on mortgage insurance (H.R. 3098), E1382 [28JN]
———allow taxpayers to split refunds and make deposits electronically among certain accounts (H.R. 1048), H6179 [20JY]
———exclude from gross income certain interest amounts received by individuals (H.R. 221), E18 [4JA]
———provide for the deductibility of higher education expenses and interest on student loans (H.R. 401), E90 [26JA]
———provide for the deductibility of higher education expenses (H.R. 117), E14, E17 [4JA]
Terrorism: combat financing, H6288-H6290 [21JY], H11539 [14DE]
Trans-Alaska Pipeline System: prevent the retroactive application of Quality Bank valuation methodologies (H.R. 2038), E825 [28AP]
Truth in Lending Act: extend certain protections to overdraft protection programs, require consent to initiate, and enhance information on overdraft protection, and prohibit manipulation to generate overdraft protection fees (H.R. 3449), E2156 [24OC]
Veterans: provide housing loan benefits for the purchase of residential cooperative apartment units (H.R. 4537), E2528 [14DE]
World Bank Group: support for reconstruction efforts in Iraq, H1681 [17MR]
Remarks in Senate
Bankruptcy: amend laws (S. 256), S1725-S1783, S1785-S1788 [28FE], S1813-S1815, S1818-S1831, S1834-S1857 [1MR], S1892-S1915, S1918-S1927 [2MR], S1979-S1997 [3MR], S2053-S2056, S2069-S2078 [4MR], S2111, S2113-S2143 [7MR], S2199-S2230 [8MR], S2306-S2342 [9MR], S2406-S2408, S2415-S2417, S2420-S2422, S2424-S2428, S2459-S2474 [10MR], S2515-S2517 [11MR], S6010 [26MY]
———amend laws (S. 256), unanimous-consent agreement, S1889 [2MR], S2098 [4MR], S2229 [8MR]
———clarify treatment of debtors with serious medical conditons, servicemen called to active duty, and low income veterans, S1845-S1850, S1852-S1854 [1MR], S1907, S1913-S1915 [2MR]
———disallow claims against certain underage individuals, S2309, S2310, S2312 [9MR]
———discourage predatory mortgage lending practices, S1920-S1922 [2MR]
———exempt from means testing debtors whose financial situations were caused by identity theft, S1918-S1920 [2MR], S1982 [3MR]
———impact of laws on women and children, S2463-S2465 [10MR]
———impose nondischargeable sanctions on debtors who falsify schedules, enforce rules sanctioning attorney misconduct, and maintain existing laws regarding reaffirmation agreements, S2319 [9MR]
———increase certain filing fees, S1985 [3MR]
———limit claims in bankruptcy by certain unsecured creditors (S. 1879), S11437, S11439 [17OC]
———limit exemption for asset protection trusts, S1980, S1981, S1991-S1994 [3MR], S2427 [10MR]
———modify definition of disinterested person in the bankruptcy code relative to conflict-of-interest standards, S2328-S2334, S2336, S2337 [9MR], S2424-S2426 [10MR]
———prevent unsecured creditors from attempting to collect accruing interest and additional fees from consumers entering into credit counseling consolidated payment plans, S2313 [9MR], S2417 [10MR]
———protect assets necessary for the financial support of children, S2223-S2227 [8MR], S2310, S2311, S2325 [9MR]
———protect employees and retirees from corporate practices that deprive them of earnings and retirement savings when businesses file for bankruptcy, S1986-S1991, S1995 [3MR], S5049-S5052 [12MY], S5205 [16MY], S9110, S9115 [27JY]
———protect victims of domestic violence by granting relief from summary eviction from rental housing, S2229 [8MR]
———reform small business regulations, S2221-S2223, S2228 [8MR]
———restrict access to certain personal information in bankruptcy documents, S1850-S1852 [1MR], S2139-S2141 [7MR]
Budget: allocation of funds, S9712-S9715 [7SE]
Children and youth: encourage savings, promote financial literacy, and expand opportunities for young adults by establishing KIDS Accounts (S. 868), S4112 [21AP]
———promote financial education (S. 925), S4420 [27AP]
Colleges and universities: improve quality, affordability, diversity, and accessibility to qualified students (S. 371), S1346 [14FE]
Computers: criminalize Internet scams involving fraudulently obtaining personal information, commonly known as phishing (S. 472), S1804 [28FE]
———prevent the use of certain bank instruments for Internet gambling, S10059, S10060 [15SE]
Consumers: authorize demonstration project grants to entities to provide low-cost, small loans (S. 1347), S7829 [30JN]
———extend certain protections to international remittance transfers of funds originating in the U.S. (S. 31), S221-S223 [24JA]
———prohibit predatory payday loans (S. 1878), S11437, S11438 [17OC]
Credit: ban abusive credit practices, enhance consumer disclosures and protect underage consumers (S. 499), S1950 [2MR]
———limit amount of interest that can be charged on any credit extension, S1910 [2MR], S1979, S1981, S1982 [3MR], S2210 [8MR]
———provide for enhanced disclosure under an open end credit plan (S. 1040), S5225 [16MY]
———require notice of rate increases and prohibit retroactive increases, S2074 [4MR]
———require underage consumers to demonstrate ability to pay, complete a certified counseling credit course, or submit a cosigned application prior to extension of credit, S2073, S2075 [4MR]
Credit cards: prohibit issuers from increasing a consumers interest rate based on credit information unrelated to transactions with the consumer, S1984 [3MR]
———reform regulations, S2515 [11MR]
Dakota State University: tribute to information assurance program, S4014 [20AP]
Dept. of Education: extend waiver authority relative to student financial assistance during war or other military operation or national emergency (H.R. 2132), S10520 [27SE]
———revise regulations for student loan payment deferment for borrowers who are in postgraduate medical or dental internship, residency, or fellowship programs (S. 1246), S6492 [14JN]
Disasters: deferral of mortgage payments for individuals whose homes are destroyed by catastrophic events, S11638, S11639 [20OC]
Economy: support financial literacy, S10697-S10699 [29SE]
Education: expand loan forgiveness for child care providers including preschool teachers (S. 1432), S8563 [20JY]
———extend student loan forgiveness to Head Start teachers (S. 117), S301, S302 [24JA]
———funding, S14285, S14287 [21DE]
———improve recruitment, preparation, distribution, and retention of public elementary and secondary school teachers and principals (S. 1218), S6294, S6322 [9JN]
———provide funding for student loan repayment for public attorneys (S. 2039), S13163-S13165 [17NO]
———provide loan forgiveness for family law attorneys who represent low-income families or individuals (S. 1431), S8563 [20JY]
———provide loan forgiveness for social workers who work for child protective agencies (S. 1430), S8563 [20JY]
———provide student loan forgiveness to teachers who work in tribal colleges or universities (S. 731), S3314 [6AP]
———student financial aid programs funding, S14148 [20DE]
———student loan programs, S6133 [7JN], S14119, S14148 [20DE]
Eximbank: prohibit funding for loans or guarantees for construction of certain ethanol dehydration plants, S8408 [18JY]
———prohibit funding to approve loan guarantees for nuclear powerplant construction in the People's Republic of China, S8458-S8464, S8468 [19JY], S8516 [20JY]
Federal Deposit Insurance Act: improve (S. 2141), S13966 [17DE]
FHA: remove limitation on the number of reverse mortgages that may be insured (H.R. 2892), S13687 [15DE], S13943 [16DE]
———remove limitation on the number of reverse mortgages that may be insured (S. 1710), S10122 [15SE]
Financial Literacy Month: designate (S. Res. 88), S3068, S3087 [17MR]
FRS: impact of interest rates on economic conditions, S7806 [30JN]
FTC: establish and enforce procedures for protection of consumers from misuse of, and unauthorized access to, personal information contained in files maintained by certain businesses (S. 1461), S8681 [21JY]
Government regulations: require disclosure of financial relationships between brokers and mutual fund companies and of certain brokerage commissions paid by mutual fund companies (S. 1037), S5221 [16MY], S7487 [28JN]
Higher Education Act: enhance literacy in finance and economics (S. 468), S1796 [28FE]
Housing: enhance regulation of secondary mortgage market enterprises (S. 190), S599 [26JA]
———registration of housing-related Government-sponsored enterprises with the SEC, S12320 [3NO]
Hurricanes: encourage lenders holding mortgages in communities devastated by Hurricanes Katrina and Rita to not foreclose on such mortgages until Congress considers relief legislation (S. Res. 340), S14187 [20DE]
———provide financial relief to individuals and entities affected by Hurricane Katrina, S9887 [9SE], S10071 [15SE]
Insurance: reform Federal deposit insurance system and merge bank and savings association deposit insurance funds, S12337 [3NO]
———reform Federal deposit insurance system and merge bank and savings association deposit insurance funds (S. 1562), S9477 [29JY], S12095 [1NO]
International economic relations: authorize appropriations for and reform certain development banks (S. 1129), S6023 [26MY]
———provide for cancellation of debts owed to international financial institutions by heavily indebted poor countries (S. 1320), S7525 [28JN]
———provide for cancellation of debts owed to international financial institutions by poor countries, S6348 [13JN]
IRS: prohibit funding for Debt Indicator Program, S11648 [20OC]
Lincoln Financial Group: anniversary, S5842 [24MY]
National security: assist Federal agencies in addressing deficiencies in specialized personnel through student loan repayment, graduate student fellowships, and establishing a National Security Service Corps, S8207 [13JY]
Native Americans: provide for sale and assignment of loans and underlying security (S. 1758), S10388 [22SE]
Pension Benefit Guaranty Corp.: protect employees and retirees from corporate practices that deprive them of earnings and retirement savings when businesses file for bankruptcy, S12094 [1NO]
Privacy: notify customers of unauthorized use of personal information (S. 1216), S6318 [9JN]
———prevent and mitigate identity theft, ensure privacy, and enhance penalties, law enforcement, and other protections against security breaches, fraudulent access, and misuse of personally identifiable information (S. 1332), S7620-S7632, S7644 [29JN], S7871 [30JN]
———prevent and mitigate identity theft, ensure privacy, and enhance penalties, law enforcement, and other protections against security breaches, fraudulent access, and misuse of personally identifiable information (S. 1789), S10734 [29SE]
———require consent of an individual prior to the sale and marketing of personally identifiable information (S. 116), S289-S291 [24JA]
———require financial services providers to maintain customer information security systems and notify customers of unauthorized use of personal information (S. 1594), S9515 [29JY]
———strengthen data protection and safeguards, require data breach notification, and further prevent identity theft (S. 1408), S8322-S8326 [14JY]
Public welfare programs: promote financial education under the Temporary Assistance for Needy Families Program and allow such education to count as a work activity under that program (S. 923), S4418 [27AP]
SBA: clarify authority to provide emergency assistance to non-farm related small business concerns that have suffered substantial economic harm from drought, S12942 [16NO]
———clarify authority to provide emergency assistance to non-farm related small business concerns that have suffered substantial economic harm from drought (S. 1463), S8682 [21JY]
———establish a National Preferred Lender Program and facilitate delivery of financial assistance to small businesses (S. 1603), S9523 [29JY]
———foster local development by facilitating the delivery of financial assistance to small businesses (S. 2162), S14323 [21DE]
———loan programs funding, S2947 [17MR]
Schools: establish State infrastructure banks to improve financing of school construction and renovation (S. 2057), S13366 [18NO]
Senior citizens: establish grant program to provide financial and retirement education programs to reduce financial abuse and fraud among mid-life and older individuals (S. 924), S4419 [27AP]
Social Security: limit the misuse of Social Security numbers and establish criminal penalties for such misuse (S. 29), S216 [24JA]
States: clarify applicability of State law to national banks and Federal savings associations (S. 1502), S8960 [26JY]
Taxation: allow a deduction for premiums on mortgage insurance (S. 132), S348 [24JA]
———allow certain modifications to be made to qualified mortgages held by a real estate mortgage investement company or a grantor trust (S. 580), S2397 [9MR]
———clarify that a North American Development Bank guarantee is not considered a Federal guarantee for purposes of determining tax-exempt status of bonds (S. 533), S2085 [4MR]
———permanently extend the subpart F exemption for active financing income (S. 1159), S6055 [26MY]
———provide additional protections for recipients of the earned income tax credit (S. 324), S1199 [9FE]
———provide taxpayer protection and assistance relative to tax preparation (S. 832), S3825-S3829 [18AP]
———repeal State and local exemptions applicable to Fannie Mae and Freddie Mac, S13116, S13127 [17NO]
———simplify determination and deduction of interest on qualified education loans (S. 1964), S12406 [4NO]
Trans-Alaska Pipeline System: prevent the retroactive application of Quality Bank valuation methodologies (S. 822), S3751-S3753 [15AP]
Reports
Best Practice in Hedge Fund Investing—Due Diligence: Greenwich Roundtable (organization), E1698 [29JY]
Corporate Welfare for the RAL Industry—The Debt Indicator, IRS Subsidy, and Tax Fraud: Chi Chi Wu, National Consumer Law Center, Inc., S11649 [20OC]
Reports filed
Bankruptcy Abuse Prevention and Consumer Protection Act: Committee on the Judiciary (Senate) (S. 256), S1620 [17FE]
Business Checking Freedom Act: Committee on Financial Services (House) (H.R. 1224) (H. Rept. 109-81), H3330 [16MY]
Consideration of H.R. 1185, Federal Deposit Insurance Reform Act: Committee on Rules (House) (H. Res. 255) (H. Rept. 109-70), H2878 [3MY]
Consideration of H.R. 1461, Federal Housing Finance Reform Act: Committee on Rules (House) (H. Res. 509) (H. Rept. 109-254), H9101 [25OC]
Consideration of S. 256, Bankruptcy Abuse Prevention and Consumer Protection Act: Committee on Rules (House) (H. Res. 211) (H. Rept. 109-43), H1967 [13AP]
Expanded Access to Financial Services Act: Committee on Financial Services (House) (H.R. 749) (H. Rept. 109-38), H1893 [12AP]
Federal Deposit Insurance Reform Act: Committee on Financial Services (House) (H.R. 1185) (H. Rept. 109-67), H2743 [2MY]
Financial Services Regulatory Relief Act: Committee on Financial Services (House) (H.R. 3505) (H. Rept. 109-356), H12167 [17DE]
Hurricane Check Cashing Relief Act: Committee on Financial Services (House) (H.R. 3909) (H. Rept. 109-326), H11108 [6DE]
Hurricanes Rita and Wilma Financial Services Relief Act: Committee on Financial Services (House) (H.R. 4146) (H. Rept. 109-282), H10155 [10NO]
Identity Theft Protection Act: Committee on Commerce, Science, and Transportation (Senate) (S. 1408) (S. Rept. 109-203), S13450 [12DE]
Personal Data Privacy and Security Act: Committee on the Judiciary (Senate) (S. 1789), S13160 [17NO]
Tribal Colleges and Universities Faculty Loan Forgiveness Act: Committee on Indian Affairs (Senate) (S. 731) (S. Rept. 109-205), S13451 [12DE]
Statements
Bankruptcy Abuse Prevention and Consumer Protection Act: Arkadi Kuhlmann, ING DIRECT (financial institution), H2071 [14AP]
———Marshall Wolf, ABA, H1983 [14AP]
Financial and Economic Literacy Caucus Formation: Dan Iannicola, Jr., Dept. of the Treasury, H1800 [6AP]
Studies
Keeping What They've Earned—Working Families and Tax Credits: Children's Defense Fund (organization), S1201 [9FE]
Summaries
Bankruptcy Abuse Prevention and Consumer Protection Act (S. 256), H2048 [14AP]
Testimonies
Bankruptcy Abuse Prevention and Consumer Protection Act: Elizabeth Warren, H2054 [14AP]
Net Worth Amendment for Credit Unions Act: George Reynolds, National Association of State Credit Union Supervisors, H4370 [13JN]
Texts of
H. Res. 148, Financial Literacy Month, H1797 [6AP]
H. Res. 255, consideration of H.R. 1185, Federal Deposit Insurance Reform Act, H2889 [4MY]
H. Res. 509, consideration of H.R. 1461, Federal Housing Finance Reform Act, H9110 [26OC]
H.R. 749, Expanded Access to Financial Services Act, H2500 [26AP]
H.R. 1025, Mortgage Servicing Clarification Act, H1791 [6AP]
H.R. 1042, Net Worth Amendment for Credit Unions Act, H4368 [13JN]
H.R. 1185, Federal Deposit Insurance Reform Act, H2924-H2931 [4MY]
H.R. 1224, Business Checking Freedom Act, H3738 [23MY]
H.R. 1461, Federal Housing Finance Reform Act, H9141-H9172 [26OC]
H.R. 2132, extend waiver authority relative to student financial assistance during war or other military operation or national emergency, H8111 [20SE]
H.R. 2892, Reverse Mortgages To Help America's Seniors Act, H11586 [14DE]
H.R. 3269, apply International Organizations Immunities Act to the Bank for International Settlements (organization), H11055 [6DE]
H.R. 3945, Hurricane Katrina Financial Services Relief Act, H9123 [26OC]
H.R. 4636, Federal Deposit Insurance Reform Act technical corrections and conforming amendments necessary for implementation, H12279-H12283 [18DE]
S. 29, Social Security Number Misuse Prevention Act, S217-S221 [24JA]
S. 31, International Remittance Consumer Protection Act, S223 [24JA]
S. 116, Privacy Act, S291-S300 [24JA]
S. 117, Loan Forgiveness for Head Start Teachers Act, S301 [24JA]
S. 132, Mortgage Insurance Fairness Act, S348 [24JA]
S. 256, Bankruptcy Abuse Prevention and Consumer Protection Act, S768-S821 [1FE], S1726-S1779 [28FE], S2531-S2584 [11MR], H1993-H2047 [14AP]
S. 324, Taxpayer Abuse Prevention Act, S1200 [9FE]
S. 499, Credit Card Accountability Responsibility and Disclosure (Credit CARD) Act, S1950-S1952 [2MR]
S. 580, allow certain modifications to be made to qualified mortgages held by a real estate mortgage investement company or a grantor trust, S2397 [9MR]
S. 832, Taxpayer Protection and Assistance Act, S3826-S3828 [18AP]
S. 923, TANF Financial Education Promotion Act, S4418 [27AP]
S. 924, Education for Retirement Security Act, S4419 [27AP]
S. 925, promote youth financial education, S4420 [27AP]
S. 1037, Mutual Fund Transparency Act, S5222 [16MY]
S. 1129, development banks appropriations and reform, S6024-S6027 [26MY]
S. 1159, permanently extend the subpart F tax exemption for active financing income, S6055 [26MY]
S. 1216, Financial Privacy Breach Notification Act, S6319 [9JN]
S. 1218, Teacher Excellence for All Children Act, S6323-S6331 [9JN]
S. 1246, Medical Education Affordability Act, S6492 [14JN]
S. 1332, Personal Data Privacy and Security Act, S7622-S7631 [29JN]
S. 1347, Low-Cost Alternatives to Payday Loans Act, S7830 [30JN]
S. 1408, Identity Theft Protection Act, S8323-S8325 [14JY]
S. 1463, Small Business Drought Relief Act, S8682 [21JY]
S. 1502, Preservation of Federalism in Banking Act, S8961-S8963 [26JY]
S. 1594, Financial Privacy Protection Act, S9515-S9517 [29JY]
S. 1603, Small Business Lending Improvement Act, S9524 [29JY]
S. 1710, Reverse Mortgages to Help America's Seniors Act, S10122 [15SE]
S. 1758, provide for sale and assignment of Native American loans and underlying security, S10388 [22SE]
S. 1789, Personal Data Privacy and Security Act, S10725-S10734 [29SE]
S. 1878, Predatory Payday Loan Prohibition Act, S11438 [17OC]
S. 1879, Bankruptcy Prevention Credit Counseling Act, S11439 [17OC]
S. 2039, Prosecutors and Defenders Incentive Act, S13165 [17NO]
S. 2141, Federal Deposit Insurance Act improvement, S13966-S13968 [17DE]
S. 2162, Local Development Business Loan Program Act, S14324-S14326 [21DE]
S. Res. 88, Financial Literacy Month, S3070, S3087 [17MR]
S. Res. 340, encourage lenders holding mortgages in communities devastated by Hurricanes Katrina and Rita to not foreclose on such mortgages until Congress considers relief legislation, S14187 [20DE]
S. Res. 347, encourage lenders holding mortgages in communities devastated by Hurricanes Katrina and Rita to not foreclose on such mortgages until Congress considers relief legislation, S14337 [21DE]