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Legislative Highlights Feb 2001

Journal Issue

New Bills Introduced

The following bankruptcy-related bills were introduced in the House during the first days of the 107th
Congress:

  • H.R. 188 (Smith, R-Mich.): a bill to permanently reenact chapter 12 of the Code. Chapter 12
    expired on July 1. A permanent extension failed as part of the overall bill's failure to become law in
    December.
  • H.R. 11 (Leach, R-Iowa): a bill to revise the banking and bankruptcy laws with respect to the
    termination of netting of financial services contracts, jointly referred to the Judiciary and Financial
    Services committees. This legislation was included in the omnibus package in the 106th Congress and
    also passed the House as a freestanding bill at the end of the session. The Senate took no action on the
    bill, which is a priority of the financial services community.
  • H.R. 61 (Dreier, R-Calif.): a bill to promote youth financial education, referred to the
    Committee on Education.
  • H.R. 184 (Slaughter, D-N.Y.): a bill to amend the Consumer Credit Protection Act to prevent
    credit card issuers from taking unfair advantage of college students, referred to the Financial Services
    Committee.
  • H.R. 163 (Royce, R-Calif.): a bill to amend the Fair Debt Collection Practices Act to exempt
    mortgage services from certain requirements of the act with respect to federally related mortgage loans
    secured by a first lien, referred to the Financial Services Committee.

Privacy Comments Sought

The federal judiciary continues to seek comments on the privacy and security implications of providing
electronic public access to court case files, such as over the Internet. Comments may be submitted
electronically at www.privacy.uscourts.gov.

Journal Date