Skip to main content
HR 3066 105th Congress House

Credit Card Interest Rate Change Disclosure Act

Official title: To amend the Truth in Lending Act to require 90 days notice before changing the annual percentage rate of interest applicable on any credit card account or bef… Show full official titleShow less

Official title: To amend the Truth in Lending Act to require 90 days notice before changing the annual percentage rate of interest applicable on any credit card account or before changing the index used to determine such rate, and for other purposes.

Introduced: November 13, 1997 See on congress.gov
Finance and Financial Sector CommerceConsumer creditConsumer educationCredit cardsInterest rates
Sign in to write a letter Sign in to watch
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
Nov 26, 1997
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Nov 13, 1997
Referred to the House Committee on Banking and Financial Services.
Nov 13, 1997
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action November 26, 1997

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Plain-English summary Congressional Research Service

Credit Card Interest Rate Change Disclosure Act - Amends the Truth in Lending Act to set forth a 90-day advance notice period as a prerequisite to any increase in an annual percentage rate of interest (APR), or in the index used to determine APR, applicable to an open-end consumer credit plan.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2
D
Davis, Danny K.
Illinois · Sep 25, 1998
 D
Schumer, Charles E.
New York · Aug 5, 1998
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3066: Credit Card Interest Rate Change Disclosure Act. 105th Congress. Open America. https://openamerica.io/bill/105-HR-3066/
MLA
"H.R. 3066: Credit Card Interest Rate Change Disclosure Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-3066/.
Bluebook (legal)
H.R. 3066, 105th Cong. (2026), https://openamerica.io/bill/105-HR-3066/.
Markdown link
[H.R. 3066: Credit Card Interest Rate Change Disclosure Act](https://openamerica.io/bill/105-HR-3066/)
Report a problem