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- H.R.2382
H.R.2382: Credit Card Interchange Fees Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced May 13, 2009
- Latest Major Action Oct. 8, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
21 (18 Democrats, 4 Republicans)
Bill Summary
Credit Card Interchange Fees Act of 2009 - 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; (4)...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Financial Services.
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Committee Hearings Held.
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| May 13, 2009 |
Introduced in the House by Peter Welch (D-Vt.) |