,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #hcb  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,febru>y #b1 #bjag,mr4
 ,capuano introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ! ,judici>y  
,a ,,bill  ,to am5d title #i ( ! ,unit$ 
,/ates ,code to require t arbitration   
proce$+s 9 c]ta9 disputes involv+       
consum] f9ancial products & s]vices be  
op5 to ! public4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,arbitration       
,transp>5cy ,act ( #bjag4  #b4 ,am5dm5ts
  7a7 ,arbitration ,title #i ( ! ,unit$ 
,/ates ,code is am5d$ by ins]t+ aft]    
section #b ! foll[+3  #b;a4 ,proce$+s 9 
disputes involv+ c]ta9 consum] f9ancial 
products & s]vices  7a7 ,proce$+s op5 to
 ! public ,not)/&+ any o!r provision (  
law & not)/&+ ! t]ms ( a contract or    
writt5 agreem5t = arbitration1 an       
arbitration proce$+ "u su* contract or  
writt5 agreem5t ent]$ into by a consum] 
& a f9ancial in/itution to arbitrate a  
future dispute t involves a consum]     
f9ancial product or s]vice %all be op5  

to ! public4  7b7 ,def9itions ,=        
purposes ( ?is section3 7#a7 ,consum] ,!
 t]m consum] has ! mean+ giv5 su* t]m 9 
section #ajjb ( ! ,consum] ,f9ancial    
,protection ,act ( #bjaj4  7#b7 ,consum]
 f9ancial product or s]vice ,! t]m      
consum] f9ancial product or s]vice has !
 mean+ giv5 su* t]m 9 section #ajjb ( ! 
,consum] ,f9ancial ,protection ,act (   
#bjaj4  7#c7 ,f9ancial in/itution ,! t]m
 f9ancial in/itution has ! mean+ giv5   
su* t]m 9 section #ecab ( title #ca4  4 
7b7 ,con=m+ am5dm5t ,*apt] #a ( title #i
 ( ! ,unit$ ,/ates ,code is am5d$ 9 !   
table ( sections by ins]t+ aft] ! item  
relat+ to section #b ! foll[+3  #b;a4   
,proce$+s 9 disputes involv+ c]ta9      
consum] f9ancial products & s]vices4  4 
#c4 ,effective ,date2 application (     
am5dm5t  7a7 ,effective date ,except z  
provid$ 9 subsection 7b71 ?is ,act & !  
am5dm5t made by ?is ,act %all take      
effect on ! date ( ! enactm5t ( ?is     
,act4  7b7 ,application ( am5dm5t ,!    
am5dm5t made by ?is ,act %all apply )   

respect to-- 7#a7 contracts & writt5    
agreem5ts t are ent]$ into be=e1 on1 or 
aft] ! date ( ! enactm5t ( ?is ,act1 &  
7#b7 arbitration proce$+s t occur on or 
aft] su* date4