3.0.0 2382 2023-01-11T13:19:14Z 2023-01-11T13:19:14Z House H HR 2009-05-13 111 hsba00 Financial Services Committee House Standing Hearings by 2009-10-08T18:25:02Z Referred to 2009-05-13T14:01:45Z 2009-10-08 hsba00 Financial Services Committee 1 House committee actions Committee Hearings Held. Committee 2009-05-13 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2009-05-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-05-13 Introduced in House IntroReferral 1000 9 Library of Congress W000800 Rep. Welch, Peter [D-VT-At Large] Peter Welch D VT N S001154 Rep. Shuster, Bill [R-PA-9] Bill Shuster R PA 9 2009-05-13 True B001252 Rep. Barrow, John [D-GA-12] John Barrow D GA 12 2009-05-13 True C001065 Rep. Carney, Christopher P. [D-PA-10] Christopher Carney D PA P. 10 2009-05-13 True E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2009-05-13 True K000365 Rep. Kagen, Steve [D-WI-8] Steve Kagen D WI 8 2009-05-13 True L000397 Rep. Lofgren, Zoe [D-CA-16] ZOE LOFGREN D CA 16 2009-05-13 True P000585 Rep. Platts, Todd Russell [R-PA-19] TODD PLATTS R PA RUSSELL 19 2009-05-13 True A000364 Rep. Adler, John H. [D-NJ-3] John Adler D NJ H. 3 2009-05-21 False J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2009-05-21 False S001156 Rep. Sánchez, Linda T. [D-CA-39] Linda Sánchez D CA T. 39 2009-07-14 False B001227 Rep. Brady, Robert A. [D-PA-1] ROBERT BRADY D PA A. 1 2009-07-31 False T000469 Rep. Tonko, Paul [D-NY-21] Paul Tonko D NY 21 2009-07-31 False M000312 Rep. McGovern, James P. [D-MA-3] JAMES MCGOVERN D MA P. 3 2009-09-29 False H001040 Rep. Hare, Phil [D-IL-17] Phil Hare D IL 17 2009-10-23 False H001039 Rep. Hall, John J. [D-NY-19] John Hall D NY J. 19 2009-10-27 False B000213 Rep. Barton, Joe [R-TX-6] JOE BARTON R TX L. 6 2009-10-28 False A000014 Rep. Abercrombie, Neil [D-HI-1] NEIL ABERCROMBIE D HI 1 2009-11-19 False D000210 Rep. Delahunt, Bill [D-MA-10] Bill Delahunt D MA 10 2009-12-03 False R000011 Rep. Rahall, Nick J., II [D-WV-3] NICK RAHALL D WV J. 3 2010-03-02 False T000266 Rep. Tierney, John F. [D-MA-6] JOHN TIERNEY D MA F. 6 2010-05-11 False H001034 Rep. Honda, Michael M. [D-CA-15] MICHAEL HONDA D CA M. 15 2010-05-24 False Finance and Financial Sector Administrative law and regulatory procedures Competition and antitrust Consumer affairs Consumer credit Contracts and agency Federal Trade Commission (FTC) Government information and archives User charges and fees Finance and Financial Sector 00 2009-05-13 Introduced in House 2009-07-10T15:27:23Z 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) any requirement to meet a minimum number of transactions in any period; or (5) fees or a related adverse action for failure of the merchant to meet such a minimum transactions requirement.

Requires an electronic payment system network to disclose its contract terms to the merchant, including its complete operating rules, without restricting the merchant's use of such information.

Directs the Federal Trade Commission (FTC) to prescribe regulations to: (1) ensure that the rules, terms, and conditions to which a merchant or consumer is subject under an agreement with an electronic payment system network are neither unfair nor deceptive to consumers and merchants, nor anticompetitive; (2) prohibit any unfair or deceptive act or practice or anticompetitive act or practice that may result from such rule, term, or condition; and (3) regularly review such rules, terms, and conditions.

Directs the Board of Governors of the Federal Reserve System to collect and disseminate to the public: (1) complete information on fees charged by each electronic payment system network in connection with consumer-initiated transactions; and (2) the rules, terms, and conditions to which a merchant or a consumer is subject under an agreement with an electronic payment system network for transactions using payment cards.

]]> Credit Card Interchange Fees Act of 2009 Display Title Credit Card Interchange Fees Act of 2009 Official Title as Introduced To amend the Truth in Lending Act to prohibit unfair practices in electronic payment system networks, and for other purposes. Introduced in House IH Short Titles as Introduced Credit Card Interchange Fees Act of 2009 Introduced in House 2009-05-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr2382ih/xml/BILLS-111hr2382ih.xml 2009-10-08 Committee Hearings Held. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.