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S. 318 · 105th Congress · 1997–1998

A bill to amend the Truth in Lending Act to require automatic cancellation and notice of cancellation rights with respect to private mortgage insurance which is required by a creditor as a condition for entering into a residential mortgage transaction, and for other purposes.

S. 318 in the 105th Congress (1997–1998) became law — introduced on Feb 12, 1997, sponsored by Alfonse D’Amato.

During the 105th Congress (1997–1998), Bill Clinton was president, and Republicans held majorities in both the House and Senate.

Status
Became law
Introduced
Feb 12, 1997
Policy area
Business and commerce
Public law
Public Law 105-216

Sponsor

Alfonse D’Amato (R-NY)

Where it stands

  • IntroducedFeb 12, 1997
  • Passed the SenateYes
  • Passed the HouseYes
  • Sent to the PresidentYes
  • Became lawJul 29, 1998

More bills from Alfonse D’Amato in the 105th Congress

Other Business and commerce bills in the 105th Congress

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From the Congressional Bills Project (Adler and Wilkerson), covering 1947–2002.

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Capitol Receipts, “S. 318 (105th Congress): A bill to amend the Truth in Lending Act to…,” https://www.capitolreceipts.com/bill/105-s-318/a-bill-to-amend-the-truth-in-lending-act (accessed 2026-10-17).

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