3.0.0 3549 2023-01-11T13:19:45Z 2023-01-11T13:19:45Z Senate S S 2010-06-29 111 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2010-06-29T22:59:55Z To amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009. 111 5502 HR 2010-07-27 Became Public Law No: 111-209. Identical bill CRS 2010-06-29 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2010-06-29 Introduced in Senate IntroReferral 10000 9 Library of Congress T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT N B000382 Sen. Bennett, Robert F. [R-UT] ROBERT BENNETT R UT F. 2010-06-29 True B001233 Sen. Bayh, Evan [D-IN] EVAN BAYH D IN 2010-06-29 True V000127 Sen. Vitter, David [R-LA] David Vitter R LA 2010-06-29 True C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. 2010-06-30 False H001049 Sen. Hagan, Kay R. [D-NC] Kay Hagan D NC R. 2010-06-30 False G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2010-06-30 False C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID 2010-07-12 False H.R.5502 https://www.congress.gov/bill/111th-congress/house-bill/5502 Finance and Financial Sector Consumer affairs Retail and wholesale trades User charges and fees Finance and Financial Sector 00 2010-06-29 Introduced in Senate 2010-07-14T19:57:23Z Amends the Credit Card Accountability Responsibility and Disclosure Act of 2009 to state that, in the case of a gift certificate, store gift card, or general-use prepaid card produced before April 1, 2010, the effective date of the certain disclosure requirements under the Electronic Funds Transfer Act pertaining to fees shall be delayed until January 31, 2011.

Requires the issuer of such a certificate or card, as a condition of such delayed effective date, to: (1) comply with a specified prohibition against and certain requirements for the imposition of any dormancy, inactivity, or service fees; (2) consider any such certificate or card for which funds expire to have no expiration date with respect to the underlying funds; (3) replace, at consumer request, any such certificate or card that has funds remaining at no cost to the consumer; and (4) comply with certain consumer rights disclosure requirements.

]]> A bill to amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009. Display Title A bill to amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009. Official Title as Introduced A bill to amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009. Introduced in Senate IS Introduced in Senate 2010-06-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s3549is/xml/BILLS-111s3549is.xml 2010-06-29 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.