HR 3891 · 107th Congress · Finance and Financial Sector
Bill Payment Grace Period Act of 2001
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(2002-03-18)
Plain Language Summary
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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