HR 3891 · 107th Congress · Finance and Financial Sector

Bill Payment Grace Period Act of 2001

Introduced 2002-03-07· Sponsored by Rep. Sherman, Brad [D-CA-24]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(2002-03-18)

Plain Language Summary

[AI summary unavailable — showing source text] Bill Payment Grace Period Act of 2001 - Amends the Fair Debt Collection Practices Act to prohibit creditors from taking action that is adverse to the interests of a consumer with respect to certain payments that are due in or shortly after the period of a disruption of the mail resulting from a national emergency. Authorizes the Secretary of the Treasury to designate (and extend up to seven additional days) a grace period for the making of debt payments by mail in such circumstances.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (6)

5 Democrats1 Republican