H.R. 5507 (107th): Truth in Lending Inflation Adjustment Act


Oct 1, 2002
107th Congress, 2001–2002

Died in a previous Congress

This bill was introduced in a previous session of Congress and was passed by the House on October 7, 2002 but was never passed by the Senate.


John LaFalce

Representative for New York's 29th congressional district



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Last Updated: Oct 7, 2002
Length: 4 pages

About the bill

Full Title

To amend the Truth in Lending Act to adjust the exempt transactions amount for inflation.

Summary (CRS)

Truth in Lending Inflation Adjustment Act - Amends the Consumer Credit Protection Act to increase from $25,000 to $75,000 the maximum amount of a non-mortgage credit or consumer lease transaction ... Read more >

The bill’s title was written by its sponsor.


Oct 1, 2002

This is the first step in the legislative process.

Oct 7, 2002
Passed House

The bill was passed in a vote in the House. It goes to the Senate next. The vote was by voice vote so no record of individual votes was made.

This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 5507”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


Committee Assignments

The committee chair determines whether a bill will move past the committee stage.


There have been no roll call votes related to this bill.

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


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