On May 25th, the OCC published a Bulletin on the Federal Reserve Board's amendments to the Consumer Leasing Act and Regulation M, along with the Truth in Lending Act and Regulation Z. The amendment is effective July 21, 2011. It raises the threshold for exempt consumer leases and consumer credit transactions from $25,000 to $50,000. Additionally, on or after December 31, 2011, the threshold must be adjusted annually by any annual increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers