HR 1519 · 110th Congress · Finance and Financial Sector

American Homebuyers Protection Act

Introduced 2007-03-14· Sponsored by Rep. Gonzalez, Charles A. [D-TX-20]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Commerce, Trade and Consumer Protection.(2007-03-15)

Plain Language Summary

[AI summary unavailable — showing source text] American Homebuyers Protection Act - Prohibits a person engaged in the construction of new homes from: (1) requiring a home purchaser to enter into a mandatory arbitration agreement as a condition precedent to entering into a purchase contract; and (2) offering a home purchaser a contract which includes a mandatory arbitration agreement unless such agreement is a separate agreement. Treats a violation as as an unfair and deceptive act under the Federal Trade Commission Act.…

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

Cosponsors (2)

2 Democrats