HR 2549 · 108th Congress · Finance and Financial Sector

Bill Payment Grace Period Act of 2003

Introduced 2003-06-19· Sponsored by Rep. Sherman, Brad [D-CA-27]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(2003-07-07)

Plain Language Summary

[AI summary unavailable — showing source text] Bill Payment Grace Period Act of 2003 - Amends the Fair Debt Collection Practices Act to prohibit creditors from taking action 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 to make debt payments by mail in such circumstances.…

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

Cosponsors (6)

5 Democrats1 Republican