EXPEDITED CARD REFORM FOR CONSUMERS ACT

Amendments

Enact (H.R. 3639), H12311, H12312, H12313, H12314, H12316 [4NO]

———consideration (H. Res. 884), H12299 [4NO]

Bills and resolutions

Enact (H.R. 3639): consideration (see H. Res. 884), H12287 [3NO]

Motions

Enact (H.R. 3639), H12320 [4NO]

Remarks in House

Credit Card Accountability Responsibility and Disclosure (Credit CARD) Act: establish an immediate effective date for various consumer protections, H12313, H12314 [4NO]

———freeze interest rate increases on existing credit card balances until effective date for various consumer protections, H12316, H12317 [4NO]

———FRS certification of feasibility of implementation of necessary regulations by an earlier effective date, H12321 [4NO]

Credit cards: clarify that reductions to interest rates can be implemented immediately, H12311, H12312 [4NO]

———prevent closure of accounts due to imposition of new fees from negatively impacting credit score, H12314-H12316 [4NO]

———provide that issuers that impose a freeze on increases to interest rates, fees, and contract terms would be exempt from accelerated date requiring application of excess payments to highest rate balance, H12312, H12313 [4NO]

Enact (H.R. 3639), H12302-H12323 [4NO], E2723 [5NO]

———consideration (H. Res. 884), H12294-H12301 [4NO]

———motion to recommit, H12321 [4NO]

Remarks in Senate

Enact (S. 1833), S10730 [26OC]

Reports filed

Consideration of H.R. 3639, Provisions: Committee on Rules (House) (H. Res. 884) (H. Rept. 111-326), H12287 [3NO]

Provisions: Committee on Financial Services (House) (H.R. 3639) (H. Rept. 111-314), H11790 [26OC]

Texts of

H. Res. 884, consideration of H.R. 3639, provisions, H12294 [4NO]

H.R. 3639, provisions, H12311 [4NO]