# Truth in Lending
> **US Federal Reserve System** · Final rule. · Published 2011-04-04 · Effective 2011-07-21 · 76 FR 18354
## Document
- **Document number:** 2011-7376
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 76 FR 18354
- **CFR reference:** 12 CFR 226
- **Publication date:** 2011-04-04
- **Effective date:** 2011-07-21
- **Docket:** Regulation Z
## Abstract

Effective July 21, 2011, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) amends the Truth in Lending Act (TILA) by increasing the threshold for exempt consumer credit transactions from $25,000 to $50,000. In addition, the Dodd-Frank Act provides that, on or after December 31, 2011, this threshold must be adjusted annually by any annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers. Accordingly, the Board is making corresponding amendments to Regulation Z, which implements TILA, and to the accompanying staff commentary. Because the Dodd-Frank Act also increases the Consumer Leasing Act's threshold for exempt consumer leases from $25,000 to $50,000, the Board is making similar amendments to Regulation M elsewhere in today's Federal Register.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2011/04/04/2011-7376/truth-in-lending)
---
*AI Analytics · CC0 1.0*