ADJUSTMENTS FOR INFLATION IN THE TRUTH IN LENDING ACT.

SEC. 1100E. ADJUSTMENTS FOR INFLATION IN THE TRUTH IN LENDING ACT.(a) Caps.—(1) Credit transactions.—Section 104(3) of the Truth in Lending Act (15 U.S.C. 1603(3)) is amended by striking “$25,000” and inserting “$50,000”.(2) Consumer leases.—Section 181(1) of the Truth in Lending Act (15 U.S.C. 1667(1)) is amended by striking “$25,000” and inserting “$50,000”.(b) Adjustments for Inflation.—On and after December 31, 2011, the Bureau shall adjust annually the dollar amounts described in sections 104(3) and 181(1) of the Truth in Lending Act (as amended by this section), by the annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers, as published by the Bureau of Labor Statistics, rounded to the nearest multiple of $100, or $1,000, as applicable.124 STAT. 2112