H.R. 627 (111th): Credit Card Accountability Responsibility and Disclosure Act of 2009

Overview

Introduced:

Jan 22, 2009
111th Congress, 2009–2010

Status:

Enacted — Signed by the President on May 22, 2009

This bill was enacted after being signed by the President on May 22, 2009.

Law:

Pub.L. 111-24

Sponsor:

Carolyn Maloney

Representative for New York's 14th congressional district

Democrat

Text:

Read Text »
Last Updated: Aug 24, 2010
Length: 33 pages

About the bill

Full Title

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.

Summary

The Credit Card Accountability Responsibility and Disclosure Act of 2009 or Credit CARD Act of 2009 is a federal statute passed by the United States Congress and signed by President Barack Obama on May 22, 2009. It is comprehensive credit card reform legislation that aims "...to establish fair and transparent practices relating to the extension of credit under an open ...

(Wikipedia)

Read more >

History

Jan 22, 2009
 
Introduced

This is the first step in the legislative process.

Apr 22, 2009
 
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Apr 30, 2009
 
Passed House

The bill was passed in a vote in the House. It goes to the Senate next.

May 19, 2009
 
Passed Senate with Changes

The Senate passed the bill with changes not in the House version and sent it back to the House to approve the changes.

May 22, 2009
 
Enacted — Signed by the President

The President signed the bill and it became law.

Aug 24, 2010
 
Text Published

Updated bill text was published as of Passed Congress/Enrolled Bill.

This page is about a bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Links & tools

Primary Source

Congress.gov

Congress.gov is updated generally one day after events occur. Legislative activity since the last update may not be reflected on GovTrack. Data via congress project.

Citation

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