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- S.3086
S.3086: Credit Card Fair Fee Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced June 5, 2008
- Latest Major Action June 5, 2008
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Credit Card Fair Fee Act of 2008 - Authorizes providers of a single covered electronic payment system (e.g., Visa or Mastercharge credit cards) and any merchants to jointly negotiate and agree upon the fees and terms for access to such a system. Defines covered electronic payment system as any system that has been used for at least 20% of the combined dollar value of credit and debit card payments processed in the most recent year. Grants...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on the Judiciary.
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| June 5, 2008 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |