HR 184
107th Congress
House
Finance and Financial Sector
Advertising
Bank marketing
College students
Commerce
Consumer credit
Consumer education
Consumer protection
Credit cards
Debt
Education
Families
Government Operations and Politics
Higher education
Income
Law
Liability (Law)
Parents
College Student Credit Card Protection Act
Introduced: January 3, 2001
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 2001
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Jan 3, 2001
Referred to the House Committee on Financial Services.
Jan 3, 2001
Sponsor introductory remarks on measure. (CR E2-3)
Jan 3, 2001
Introduced in House
Plain-English summary
College Student Credit Card Protection Act - Amends the Truth in Lending Act to limit by a specified formula the total credit extended under a credit card account to a full time, traditional-aged college student (unless the student's parent or guardian assumes joint liability). Prohibits increasing the credit limit on an account for which a parent or guardian has assumed joint liability without the parent's or guardian's approval of such increase.
Prohibits a creditor from opening a credit card account for any such college student who: (1) has no annual gross income; and (2) already has a credit card account under an open end consumer credit plan.
What's happening now
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Committees of jurisdiction
2