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HR 274 105th Congress House Finance and Financial Sector Advertising Commerce Consumer credit Consumer education Credit cards Government Operations and Politics Interest rates Sales promotion

Truth in Credit Card Offers Act

Introduced: January 7, 1997 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 14, 1997
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Jan 7, 1997
Referred to the House Committee on Banking and Financial Services.
Jan 7, 1997
Introduced in House
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 Plain-English summary Congressional Research Service

Truth in Credit Card Offers Act - Amends the Truth in Lending Act to mandate disclosure of: (1) each annual percentage rate of interest that will actually apply to preapproved credit card solicitations or applications for an open end consumer credit plan; (2) a precise description of the index or other basis and the manner used to determine such rate; and (3) such rate in typeface twice as high as that used for any other item in the table.

What's happening now February 14, 1997

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 274: Truth in Credit Card Offers Act. 105th Congress. Open America. https://openamerica.io/bill/105-HR-274/
MLA
"H.R. 274: Truth in Credit Card Offers Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-274/.
Bluebook (legal)
H.R. 274, 105th Cong. (2026), https://openamerica.io/bill/105-HR-274/.
Markdown link
[H.R. 274: Truth in Credit Card Offers Act](https://openamerica.io/bill/105-HR-274/)
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