Statement by the Press Secretary on Bills Signed by the President
On Wednesday, December 29, 2010, the President signed into law:
H.R. 6398, which provides for permanent Federal deposit insurance coverage for Interest on Lawyers Trust Accounts, the interest earned on which is used by States to support legal aid for low-income individuals;
H.R. 6517, the "Omnibus Trade Act of 2010," which extends the Andean Trade Preference Act Trade Adjustment Assistance;
S. 3386, the "Restore Online Shoppers’ Confidence Act," which protects online consumers from unfair and deceptive sales tactics on the Internet by: (1) requiring companies that offer goods or services on other companies' websites to meet certain requirements before charging consumers' financial accounts; (2) prohibiting companies from transferring their customers' billing information to companies that are offering goods or services on their websites; and (3) requiring companies that use "negative options" (i.e., require consumers to take an affirmative action to reject goods or services) to meet certain minimum requirements; and
S. 4058, "Helping Heroes Keep Their Homes Act of 2010," which extends enhanced protections for service members relating to mortgages and mortgage foreclosures through December 31, 2012.
Barack Obama, Statement by the Press Secretary on Bills Signed by the President Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/292016