Consumer Automobile Lease Advertising Improvement Act of 2001

Fact Sheet API

Bill Number

HR 1056

Introduced

Mar 15, 2001

Latest Action

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Sponsor

Cosponsors

Topics

Administrative procedure Advertising Automobiles Commerce Consumer credit Consumer discounts Consumer education Consumer protection Contracts Economics and Public Finance Federal Reserve System Federal Trade Commission Finance and Financial Sector Government Operations and Politics Independent regulatory commissions Indexing (Economic policy) Interest rates Law Lease and rental services Leases Rebates Restrictive trade practices Sales promotion Science, Technology, Communications Television advertising Transportation and Public Works

Full Text

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Votes

Summary

Consumer Automobile Lease Advertising Improvement Act of 2001 - Amends the Consumer Credit Protection Act to increase from $25,000 to $75,000 the maximum amount of a contractual obligation of a consumer lease to which the Act applies.

Prescribes additional lease advertising disclosure requirements.

Prescribes requirements for automobile leasing advertising.

Actions

Mar 26, 2001

Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Mar 15, 2001

Referred to the House Committee on Financial Services.
Mar 15, 2001

Introduced in House

Amendments

Related Bills