US HB3156 | 2011-2012 | 112th Congress

Status

Sponsorship: Bipartisan Bill
Status: Introduced on October 12 2011 - 25% progression, died in committee
Action: 2011-10-21 - Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Pending: House Subcommittee on Financial Institutions and Consumer Credit Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Consumer Debit Card Protection Act - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority granted the Consumer Financial Protection Board (CFPB) to prescribe regulations for interchange transaction (swipe) fees that an issuer may receive or charge in connection with an electronic debit transaction (EDT). Declares void, and without force or effect, any regulation or information collection which the Board of Governors of the Federal Reserve System (Board) may propose or prescribe pursuant to the Electronic Fund Transfer Act (EFTA). Makes conforming amendments to EFTA.

Tracking Information

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Title

Consumer Debit Card Protection Act

Sponsors


History

DateChamberAction
2011-10-21HouseReferred to the Subcommittee on Financial Institutions and Consumer Credit.
2011-10-12HouseReferred to the House Committee on Financial Services.

Subjects


US Congress State Sources


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