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S. 235:
Credit Cardholders' Bill of Rights Act of 2009
111th Congress

This is a bill in the U.S. Congress originating in the Senate ("S."). A bill must be passed by both the Senate and House and then be signed by the President before it becomes law.

Bill numbers restart from 1 every two years. Each two-year cycle is called a session of Congress. This bill was created in the 111th Congress, in 2009-2010.

The titles of bills are written by the bill's sponsor and are a part of the legislation itself. GovTrack does not editorialize bill summaries.

2009-2010

A bill to amend the Truth in Lending Act to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan, and for other purposes.

Overview

Sponsor:
Text:
Summary | Full Text
Status:
Occurred: IntroducedJan 14, 2009
Occurred: Referred to CommitteeView Committee Assignments
Not Yet Occurred: Reported by Committee...
Not Yet Occurred: Senate Vote...
Not Yet Occurred: House Vote...
Not Yet Occurred: Signed by President...
This bill is in the first step in the legislative process. Introduced bills and resolutions first go to committees that deliberate, investigate, and revise them before they go to general debate. The majority of bills and resolutions never make it out of committee. [Last Updated: Nov 14, 2009 6:23AM]
Last Action:
Jan 14, 2009: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related:
See the Related Legislation page for other bills related to this one and a list of subject terms that have been applied to this bill. Sometimes the text of one bill or resolution is incorporated into another, and in those cases the original bill or resolution, as it would appear here, would seem to be abandoned.
Question & Answer
Can you answer any of these questions posed by other users? Think of it as a civic good deed. See 1 more question posed on this topic or submit your own question on the Q&A page.

Jun 2, 2009 11:23 AM - How will Private Label credit card be impacted by this bill? - Answer it!
Jun 6, 2009 10:01 AM - When does the new credit card bill go in to effect? - Answer it!

Sources of Influence

MAPLight.org reports that the following organizations have taken a stance on this bill:

SupportOppose
National Small Business Association
Association of Community Organizations for Reform Now
Americans for Fairness in Lending
Consumer Federation of America
Center for Responsible Lending
Consumer Action
Consumers Union
Demos
National Association of Consumer Advocates
National Consumer Law Center
National Training and Information Center
Public Citizen
U.S. Public Interest Research Groups
American Bankers Association
Independent Community Bankers of America
Credit Union National Association

Follow the link to MAPLight.org to see if campaign contributions from employees of these organizations are correlated with how Members of Congress voted on this bill.

Because the U.S. Congress posts most legislative information online one legislative day after events occur, GovTrack is usually one legislative day behind. For more information about where this data comes from, see About GovTrack.us.
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