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- S.1212
S.1212: Credit Card Fair Fee Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about commerce
- Introduced June 9, 2009
- Latest Major Action June 9, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Credit Card Fair Fee Act of 2009 - 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 10% 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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Read twice and referred to the Committee on the Judiciary.
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June 9, 2009 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |