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- H.R.5060
H.R.5060: College Student Credit Card Protection Act
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about education
- Introduced Sept. 9, 2004
- Latest Major Action Oct. 7, 2004
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
College Student Credit Card Protection Act - Amends the Truth in Lending Act to limit by a specified formula the total credit extended under a credit card account to a full time, traditional-aged college student (unless the student's parent or guardian assumes joint liability). Prohibits increasing the credit limit on an account for which a parent or guardian has assumed joint liability without the parent's or guardian's approval. Prohibits a...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Sept. 9, 2004 |
Introduced in the House by Louise M. Slaughter (D-N.Y.) |