HR 4540 · 106th Congress · Commerce
Consumer Automobile Lease Advertising Improvement Act of 2000
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(2000-06-09)
Plain Language Summary
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Consumer Automobile Lease Advertising Act of 2000 - Amends the Consumer Credit Protection Act to increase from $25,000 to $50,000 the maximum amount of a contractual obligation of a consumer lease to which the Act applies. Mandates annual adjustment of such limit based upon changes reported in the Consumer Price Index by the Department of Labor. Prescribes additional lease advertising disclosure requirements for advertising. Sets forth provisions applicable to automobile leasing advertising.…
Summarized by Claude AI · Non-partisan · For informational purposes only