CREDIT

Amendments

Computers: prevent the use of certain bank instruments, credit cards, and fund transfers for unlawful Internet gambling (H.R. 4411), H4958 [10JY], H4976, H4998 [11JY]

Credit rating agency industry: improve ratings quality through competition, transparency, and accountability (H.R. 2990), H5087, H5089, H5090 [12JY]

———improve ratings quality through competition, transparency, and accountability (H.R. 2990), consideration (H. Res. 906), H5062 [12JY]

OMB: issue guidance for, and provide oversight of, the management of micropurchases made with Government-wide commercial purchase cards (S. 457), S5509, S5514 [6JN]

Articles and editorials

Chapter 2—The Gambler; The Hold-'Em Holdup, H4991-H4993 [11JY]

GOP Offers Gambling Bill as Abramoff Elixir, H4974 [11JY]

Horse Racing Is Betting on Internet Wagering, H5000 [11JY]

Bills and resolutions

Armed Forces: enhance protection of credit ratings of active duty military personnel who are activated for service (see H.R. 4984), H1128 [16MR]

Bankruptcy: amend laws covering cases of certain debtors who are victims of identity theft (see H.R. 5757), H5046 [11JY]

Business and industry: provide clarification relating to credit monitoring services (see H.R. 5445), H3016 [22MY]

Colleges and universities: make college more affordable by expanding and enhancing financial aid options and providing loan forgiveness opportunities for public service employees (see S. 2243), S510 [2FE]

Computers: prevent the use of certain bank instruments, credit cards, and fund transfers for unlawful Internet gambling (H.R. 4411), consideration (see H. Res. 907), H4957 [10JY]

Consumers: ban abusive credit practices, enhance consumer disclosures and protect underage consumers (see H.R. 5383), H2585 [11MY]

———prohibit federally insured institutions from engaging in high-cost payday loans and expand protections for consumers in connection with the making of such loans by uninsured entities (see H.R. 5350), H2502 [10MY]

———protect consumers, especially young consumers, from increasing consumer debt and credit card solicitations and establish financial literacy and education program in elementary and secondary schools (see S. 2654), S3588 [26AP]

Credit cards: prevent abuse of Government credit cards (see S. 3480), S5659 [8JN] (see H.R. 5581), H3723 [9JN]

———prohibit universal default practices by issuers, limit fees that may be imposed on accounts, and require issuers to verify a prospective consumer's ability to pay before extending credit to the consumer (see S. 2655), S3588 [26AP]

Credit rating agency industry: improve ratings quality through competition, transparency, and accountability (H.R. 2990), consideration (see H. Res. 906), H4957 [10JY]

Credit Repair Organizations Act: clarify definition of a credit repair organization (see S. 3518), S5949 [15JN]

Dept. of Education: establish and maintain public website with a database of available scholarships, fellowships, and financial assistance programs in science, technology, engineering, and mathematics (see H.R. 5139), H1678 [6AP]

Dept. of HUD: extend authority to restructure mortgages and rental assistance for certain assisted multifamily housing (see H.R. 5527), H3423 [6JN]

Dept. of the Treasury: carry out a program to temporarily make payments under residential mortgage loans for properties significantly damaged by Hurricane Katrina (see H.R. 4991), H1128 [16MR]

Dept. of Veterans Affairs: enhance protection of records containing personal identifying information that is required by law to be confidential and privileged from disclosure except as authorized by law (see H.R. 5577), H3723 [9JN]

———protect privacy of veterans and spouses of veterans affected by security breach (see S. 3486), S5659 [8JN]

———provide free credit monitoring and credit reports for veterans and others affected by the theft of veterans' personal data and ensure notification of such thefts (see S. 2970), S4966 [23MY] (see H.R. 5455), H3137 [23MY] (see H.R. 5588), H3787 [12JN]

Disasters: provide for low-interest disaster loans when a small business concern is affected by a small-scale disaster (see H.R. 5334), H2338 [9MY]

Education: make college more afffordable, fulfill commitments to fully fund certain education programs, and reject proposed education budget cuts (see S. Res. 395), S1965 [9MR]

———provide student borrowers with basic rights, including the right to timely information about their loans and the right to make fair and reasonable loan payments (see S. 3255), S5341 [26MY]

———reduce student loan interest rates, authorize Pell Grant funding, allow loan consolidation, and provide for Federal Direct Loan Program administrative account (see S. 2573), S3211 [6AP]

Fair Credit Reporting Act: provide individuals the ability to control access to their credit reports (see H.R. 5482), H3306 (see H.R. 5482), H3359 [25MY]

FHA: increase maximum mortgage limit for FHA-insured mortgages for multifamily housing located in high-cost areas (see H.R. 5503), H3307 (see H.R. 5503), H3360 [25MY]

Health care professionals: provide for the participation of physical therapists in the National Health Service Corps Loan Repayment Program (see H.R. 5134), H1677 [6AP]

Higher Education Act: provide additional support to students to decrease debt (see S. 3593), S6634 [28JN]

Housing: modernize the manufactured housing loan insurance program (see H.R. 4804), H389 [16FE]

———stop mortgage transactions which operate to promote fraud, risk, and underdevelopment (see S. 2280), S1175 [14FE]

National Technical Information Service: require distribution of monthly updates of SSA Death Master List to all nationwide consumer reporting agencies to facilitate fraud prevention (see H.R. 5494), H3307 (see H.R. 5494), H3359 [25MY]

Native Americans: provide for sale and assignment of loans and underlying security (see H.R. 5780), H5128 [12JY]

Privacy: protect consumers and businesses from identity theft and require notice of security breaches (see S. 3568), S6492 [26JN]

SBA: reauthorize 7(a) loan guaranty program (see S. 2594), S3212 [6AP]

Servicemembers Civil Relief Act: protect credit of servicemembers deployed to an overseas combat zone and facilitate awareness of servicemembers' rights (see H.R. 5327), H2338 [9MY]

Small business: improve loans for members of the National Guard and Reserves (see S. 3122), S5228 [25MY]

———modernize the treatment of development companies (see S. 2595), S3212 [6AP]

Social Security: reduce risk of identity theft by limiting use of Social Security numbers on certain Government-issued identification cards and Government documents (see H.R. 5636), H4189 [16JN]

Sudan: establish a student loan forgiveness program for members of the Sudanese Diaspora to enable them to return to southern Sudan to contribute to reconstruction efforts (see H.R. 4754), H332 [15FE]

Letters

American University governance issues: Senator Grassley, Committee on Finance (Senate), S4691 [17MY]

Credit Rating Agency Duopoly Relief Act: Association for Financial Professionals, Investment Company Institute, and Financial Services Roundtable, H5085 [12JY]

———Jim Kaitz, Association for Financial Professionals, H5084 [12JY]

———John R. Vogt, Bond Market Association, H5084 [12JY]

———Paul S. Stevens, Investment Company Institute, H5084 [12JY]

———Steve Bartlett, Financial Services Roundtable, H5085 [12JY]

Student loan costs and interest rates, E502 [4AP]

Unlawful Internet Gambling Enforcement Act: Representative Barton, Committee on Energy and Commerce (House), H4994 [11JY]

———Representative Conyers, H4974 [11JY]

———Representative Sensenbrenner, Committee on the Judiciary (House), H4994 [11JY]

Motions

Computers: prevent the use of certain bank instruments, credit cards, and fund transfers for unlawful Internet gambling (H.R. 4411), H5006 [11JY]

Outlines

Credit Card Accountability, Responsibility, and Disclosure (Credit CARD) Act (H.R. 5383), E817 [12MY]

Remarks in House

Colleges and universities: make college more affordable by expanding and enhancing financial aid options, H4014 [15JN]

Computers: prevent the use of certain bank instruments, credit cards, and fund transfers for unlawful Internet gambling (H.R. 4411), H4978-H5001, H5005-H5008 [11JY], E1380 [12JY]

———prevent the use of certain bank instruments, credit cards, and fund transfers for unlawful Internet gambling (H.R. 4411), consideration (H. Res. 907), H4969-H4978 [11JY]

———prevent the use of certain bank instruments, credit cards, and fund transfers for unlawful Internet gambling (H.R. 4411), motion to recommit, H5006, H5007 [11JY]

Consumers: ban abusive credit practices, enhance consumer disclosures and protect underage consumers (H.R. 5383), E817 [12MY]

———prohibit federally insured institutions from engaging in high-cost payday loans and expand protections for consumers in connection with the making of such loans by uninsured entities (H.R. 5350), E788 [10MY]

Credit rating agency industry: improve ratings quality through competition, transparency, and accountability (H.R. 2990), H5080-H5094 [12JY]

———improve ratings quality through competition, transparency, and accountability (H.R. 2990), consideration (H. Res. 906), H5056-H5062 [12JY]

———improve ratings quality through competition, transparency, and accountability (H.R. 2990), corrections in engrossment, H5095 [12JY]

Dept. of Agriculture: prohibit funding for salaries and expenses of personnel who make high interest loans to sugar processors, H2965 [22MY], H3021, H3028, H3090-H3093 [23MY], E843 [16MY]

Dept. of Education: establish and maintain public website with a database of available scholarships, fellowships, and financial assistance programs in science, technology, engineering, and mathematics (H.R. 5139), E549 [6AP]

Dept. of HUD: American Dream Downpayment Act funding, H3857, H3858 [13JN]

———return certain initial fees to high-risk FHA borrowers who meet their loan obligation for a certain period of time, H3866 [13JN]

Dept. of Veterans Affairs: provide free credit monitoring and credit reports for veterans and others affected by the theft of veterans' personal data and ensure notification of such thefts, H3148 [24MY]

———provide free credit monitoring and credit reports for veterans and others affected by the theft of veterans' personal data and ensure notification of such thefts (H.R. 5455), H3501 [8JN], H3646 [9JN]

———provide free credit monitoring and credit reports for veterans and others affected by the theft of veterans' personal data and ensure notification of such thefts (H.R. 5588), H3803 [13JN]

Education: expand student loan forgiveness opportunities for public service employees, H1265, H1266 [29MR]

———funding, H649 [8MR], H1460 [5AP]

———Pell Grants and Perkins Loans funding, H1212, H1221 [29MR], H1329 [30MR]

———student financial aid programs, H228 [14FE], H512 [2MR], H1212, H1215, H1217, H1307 [29MR], H1325 [30MR], E146 [14FE], E611 [26AP]

———student loan programs, H55, H59 [1FE], H217, H218 [8FE], H512, H551 [2MR], H1217 [29MR], H4214, H4215 [19JN], H4390 [21JN]

Fair Credit Reporting Act: provide individuals the ability to control access to their credit reports (H.R. 5482), E993 [26MY]

Gambling: estabish complete ban on Internet gambling, H4998-H5001 [11JY]

———prohibit underage Internet gambling, H5006, H5007 [11JY]

Higher Education Act: improve opportunity for Federal student loan borrowers to consolidate their loans at reasonable interest rates, H1357 [30MR]

Kekaha Federal Credit Union: Credit Union National Association, Inc., Dora Maxwell Social Responsibility Award recipient, E235 [28FE]

National Technical Information Service: require distribution of monthly updates of SSA Death Master List to all nationwide consumer reporting agencies to facilitate fraud prevention (H.R. 5494), E989 [26MY]

Privacy: protect consumers by requiring reasonable security policies and procedures to protect computerized data containing personal information and require data breach notification (H.R. 4127), H3502 [8JN]

SBA: disaster loan programs response to Hurricane Katrina, H279 [15FE]

———prohibit the use of funds to make or guarantee a loan under section 7(b) of the Small Business Act, H1105, H1106 [16MR]

———prohibit use of funds to enforce deadlines regarding economic injury disaster loan applications and physical loan applications, H1104, H1105 [16MR]

———7(a) guaranteed loan program funding, H4645-H4648 [27JN]

Remarks in Senate

Armed Forces: establish requirements on the terms of consumer credit extended to a member or the dependent of a member, S6405 [22JN]

Colleges and universities: extend alternative minimum tax relief for college tuition, S1119 [13FE]

———make college more affordable by expanding and enhancing financial aid options, S6595 [28JN]

———make college more affordable by expanding and enhancing financial aid options and providing loan forgiveness opportunities for public service employees (S. 2243), S513 [2FE]

Computers: prevent the use of certain bank instruments, credit cards, and fund transfers for unlawful Internet gambling (H.R. 4411), S7444 [12JY]

Consumers: authorize demonstration project grants to entities to provide low-cost, small loans (S. 1347), S1530 [28FE]

———protect consumers, especially young consumers, from increasing consumer debt and credit card solicitations and establish financial literacy and education program in elementary and secondary schools (S. 2654), S3592 [26AP]

Credit cards: prevent abuse of Government credit cards (S. 3480), S5661 [8JN]

———prohibit universal default practices by issuers, limit fees that may be imposed on accounts, and require issuers to verify a prospective consumer's ability to pay before extending credit to the consumer (S. 2655), S3592 [26AP]

Credit Repair Organizations Act: clarify definition of a credit repair organization (S. 3518), S5956 [15JN]

Dept. of Defense: report on feasibility of omitting Social Security numbers from military identification cards to reduce risk of identity theft, S6391 [22JN]

Dept. of Veterans Affairs: protect privacy of veterans and spouses of veterans affected by security breach (S. 3486), S5670 [8JN]

———provide free credit monitoring and credit reports for veterans and others affected by the theft of veterans' personal data and ensure notification of such thefts, S6224 [21JN]

———provide free credit monitoring and credit reports for veterans and others affected by the theft of veterans' personal data and ensure notification of such thefts (S. 2970), S4968 [23MY], S5217 [25MY]

Education: provide student borrowers with basic rights, including the right to timely information about their loans and the right to make fair and reasonable loan payments (S. 3255), S5344 [26MY]

———reduce student loan interest rates, authorize Pell Grant funding, allow loan consolidation, and provide for Federal Direct Loan Program administrative account (S. 2573), S3201-S3203 [6AP], S6552 [27JN]

FEMA: Community Disaster Loan Program funding, S3567 [26AP]

Hawaii Credit Union League: tribute, S1530 [28FE]

Higher Education Act: provide additional support to students to decrease debt (S. 3593), S6643 [28JN]

Housing: enhance regulation of secondary mortgage market enterprises (S. 190), S5217 [25MY]

———stop mortgage transactions which operate to promote fraud, risk, and underdevelopment (S. 2280), S1177 [14FE]

OMB: issue guidance for, and provide oversight of, the management of micropurchases made with Government-wide commercial purchase cards (S. 457), S5513 [6JN]

Privacy: 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), S5217 [25MY], S6542 [27JN]

———protect consumers and businesses from identity theft and require notice of security breaches (S. 3568), S6494 [26JN]

SBA: disaster loan programs response to Hurricane Katrina, S4515-S4518 [12MY]

———reauthorize 7(a) loan guaranty program (S. 2594), S3243 [6AP]

Small business: improve loans for members of the National Guard and Reserves (S. 3122), S5242 [25MY], S5331 [26MY]

———modernize the treatment of development companies (S. 2595), S3245 [6AP]

Taxation: extend above-the-line deduction for college tuition and fees, S1117 [13FE]

Reports

College Cost Crunch—A State-by-State Analysis of Rising Tuition and Student Debt: Committee on Health, Education, Labor, and Pensions (Senate) Minority Members and Senate Democratic Policy Committee, S6648-S6716 [28JN]

Reports filed

Consideration of H.R. 2990, Credit Rating Agency Duopoly Relief Act: Committee on Rules (House) (H. Res. 906) (H. Rept. 109-550), H4957 [10JY]

Consideration of H.R. 4411, Unlawful Internet Gambling Enforcement Act: Committee on Rules (House) (H. Res. 907) (H. Rept. 109-551), H4957 [10JY]

Credit Rating Agency Duopoly Relief Act: Committee on Financial Services (House) (H.R. 2990) (H. Rept. 109-546), H4957 [10JY]

Data Accountability and Trust Act (DATA): Committee on Energy and Commerce (House) (H.R. 4127) (H. Rept. 109-453), H2179 [8MY]

———Committee on Financial Services (House) (H.R. 4127) (H. Rept. 109-453), H3423 [6JN]

———Committee on the Judiciary (House) (H.R. 4127) (H. Rept. 109-453), H3423 [6JN]

Financial Data Protection Act: Committee on Energy and Commerce (House) (H.R. 3997) (H. Rept. 109-454), H3423 [6JN]

———Committee on Financial Services (House) (H.R. 3997) (H. Rept. 109-454), H2180 [8MY]

Purchase Card Waste Elimination Act: Committee on Homeland Security and Governmental Affairs (Senate) (S. 457), S4835 [19MY]

Unlawful Internet Gambling Enforcement Act: Committee on Financial Services (House) (H.R. 4411) (H. Rept. 109-412), H1676 [6AP]

———Committee on the Judiciary (House) (H.R. 4411) (H. Rept. 109-412), H3423 [6JN]

Statements

Credit Rating Agency Duopoly Relief Act: Executive Office of the President, H5086 [12JY]

Studies

Disordered Gambling Among University-Based Medical and Dental Patients—A Focus on Internet Gambling: George T. Ladd and Nancy M. Petry, University of Connecticut, H4987-H4989 [11JY]

Texts of

H. Res. 906, consideration of H.R. 2990, Credit Rating Agency Duopoly Relief Act, H5056 [12JY]

H. Res. 907, consideration of H.R. 4411, Unlawful Internet Gambling Enforcement Act, H4969 [11JY]

H.R. 2990, Credit Rating Agency Duopoly Relief Act, H5087-H5089 [12JY]

H.R. 4411, Unlawful Internet Gambling Enforcement Act, H4978, H4980-H4983 [11JY]

S. 457, Purchase Card Waste Elimination Act, S5513, S5514 [6JN]

S. 2573, Reverse the Raid on Student Aid Act, S3234 [6AP]

S. 3593, Student Debt Relief Act, S6644-S6647 [28JN]

S. Res. 395, American Competitiveness Through Education (ACE) Resolution, S1971 [9MR]