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- H.R.6248
H.R.6248: Credit Card Interchange Fees Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced June 11, 2008
- Latest Major Action June 11, 2008
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Summary
Credit Card Interchange Fees Act of 2008 - Amends the Truth in Lending Act to prohibit specified electronic payment system network practices, including the imposition of: (1) additional charges on merchants and consumers for premium payment cards; (2) certain restrictions on merchants, including chargebacks for transactions on point of sale terminals that exceed the allowable amount on such devices; (3) restrictions upon network routing; and...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Financial Services.
|
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June 11, 2008 |
Introduced in the House by Peter Welch (D-Vt.) |