H.R. 3011 · 100th Congress · enacted
Home Equity Loan Consumer Protection Act of 1988
Became Public Law No: 100-709.
Latest official action 1988-11-23 · Enacted
The bill, briefly
Home Equity Loan Consumer Protection Act of 1987 - Amends the Truth in Lending Act to impose additional disclosure requirements for any open end credit plan secured by a consumer's dwelling. Specifies the information to be disclosed as information regarding annual interest rates, finance charge conditions, fees, changes in variable interest rates, and a statement that in the event of any default the consumer risks loss of the dwelling. Imposes additional disclosure requirements for advertisements of open end credit plans secured by consumers' dwellings. Requires such advertisements to disclose a statement of any minimum or fixed amount which could be imposed, periodic rates expressed as annual percentage rates, and any other term which the Federal Reserve Board may by regulation require. Prohibits the use of advertisements for any home equity loan which refer to such loan as "free money" or as a "loan at prime." Requires the Federal Reserve Board to develop and prepare a pamphlet for distribution to consumers which contains: (1) a general description of open end credit plans secured by consumer dwellings and the terms and conditions on which such loans are generally extended; and (2) a discussion of the potential advantages and disadvantages of such plans.
Congressional Research Service · 1987-07-23
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.
2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
Cosponsor
Marcy Kaptur
House · OH District 9 · Democratic
$1,111,770PAC receipts · 2025–2026
Cosponsor
Kweisi Mfume
House · MD District 7 · Democratic
$201,544PAC receipts · 2025–2026
Cosponsor
Nancy Pelosi
House · CA District 11 · Democratic
$16,662PAC receipts · 2025–2026
64 of 64 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.
AMERICAN CRYSTAL SUGAR COMPANY POLITICAL ACTION COMMITTEE$25,000
Marcy Kaptur · Cosponsor · $10,000
Kweisi Mfume · Cosponsor · $10,000
Nancy Pelosi · Cosponsor · $5,000
Official PAC recordAMERICAN FEDERATION OF STATE COUNTY & MUNICIPAL EMPLOYEES P E O P L E$25,000
Marcy Kaptur · Cosponsor · $10,000
Kweisi Mfume · Cosponsor · $10,000
Nancy Pelosi · Cosponsor · $5,000
Official PAC recordMACHINISTS NON PARTISAN POLITICAL LEAGUE OF THE INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS$25,000
Marcy Kaptur · Cosponsor · $10,000
Kweisi Mfume · Cosponsor · $10,000
Nancy Pelosi · Cosponsor · $5,000
Official PAC recordUA UNION PLUMBERS & PIPEFITTERS VOTE! PAC (UNITED ASSOCIATION OF JOURNEYMEN AND APPRENTICES OF THE PLUMBING & PIPEFITTING INDUSTRY OF THE UNITED STATES AND CANADA)$20,000
AMERICAN ASSOCIATION FOR JUSTICE POLITICAL ACTION COMMITTEE (AAJ PAC)$18,500
NATIONAL RURAL LETTER CARRIERS' ASSOCIATION POLITICAL ACTION COMMITTEE$17,500
AMERICAN FEDERATION OF TEACHERS, AFL-CIO COMMITTEE ON POLITICAL EDUCATION$15,000
Marcy Kaptur · Cosponsor · $10,000
Kweisi Mfume · Cosponsor · $2,500
Nancy Pelosi · Cosponsor · $2,500
Official PAC recordINTERNATIONAL LONGSHOREMEN'S ASSOCIATION COMMITTEE ON POLITICAL EDUCATION$15,000
NATIONAL BEER WHOLESALERS ASSOCIATION POLITICAL ACTION COMMITTEE$15,000
NATIONAL ACTIVE AND RETIRED FEDERAL EMPLOYEES ASSOCIATION POLITICAL ACTION COM (NARFE-PAC)$14,500
MICHIGAN SUGAR COMPANY GROWERS POLITICAL ACTION COMMITTEE$11,000
AIR LINE PILOTS ASSOCIATION PAC$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordAMERIPAC: THE FUND FOR A GREATER AMERICA$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordAPPLIED INTUITION, INC. POLITICAL ACTION COMMITTEE (APPLIED PAC)$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordBWX TECHNOLOGIES, INC POLITICAL ACTION COMMITTEE$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordCA LUV PAC (CALIFORNIA LEADERSHIP UNITED FOR VICTORY PAC)$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordDEMOCRATIC MAJORITY FUND$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordEMPLOYEES OF RTX CORPORATION POLITICAL ACTION COMMITTEE$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordFAIR SHOT PAC$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordGROWTH ENERGY PAC$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordHONEYWELL INTERNATIONAL INC. TECHNOLOGIES PUBLIC AFFAIRS COUNCIL (HONPAC)$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordINLAND EMPIRE STRIKES PAC; THE$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordINT'L ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRON WORKERS (IPAL)$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordINTERNATIONAL ASSOCIATION OF FIREFIGHTERS INTERESTED IN REGISTRATION AND EDUCATION PAC$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordINTERNATIONAL ASSOCIATION OF SHEET METAL, AIR, RAIL AND TRANSPORTATION WORKERS POLITICAL ACTION LEAGUE$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordINTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS POLITICAL ACTION COMMITTEE$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordJOBS, EDUCATION, & FAMILIES FIRST JEFF PAC$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordL3HARRIS TECHNOLOGIES, INC. PAC$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordLA BAMBA PAC$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordLEIDOS INC. POLITICAL ACTION COMMITTEE$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordMATERION CORPORATION POLITICAL ACTION COMMITTEE$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordMOMS FED UP$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordNATIONAL CORN GROWERS ASSOCIATION PAC (CORNPAC)$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordOHIO CORN AND WHEAT GROWERS ASSOCIATION PAC$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordPAC TO THE FUTURE$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordPOET PAC$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordPOLITICAL EDUCATION PATTERNS POLITICAL ARM INTL UNION OPERATING ENG LOCAL 18$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordSEIU COPE (SERVICE EMPLOYEES INTERNATIONAL UNION COMMITTEE ON POLITICAL EDUCATION)$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordUAW - V - CAP (UAW VOLUNTARY COMMUNITY ACTION PROGRAM) 'INT'L UNION UNITED AUTOMOBILE AEROSPACE & AGRICULTURAL IMPLEMENT WORKERS OF AMERICA UAW$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordUNITED FOOD AND COMMERCIAL WORKERS INTERNATIONAL UNION ACTIVE BALLOT CLUB$10,000
Marcy Kaptur · Cosponsor · $10,000
Official PAC recordThe largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.