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HR 5502 111th Congress House Finance and Financial Sector Consumer affairs Retail and wholesale trades User charges and fees

To amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009.

Introduced: June 10, 2010 See on congress.gov
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 Everywhere this bill has been 21 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 27, 2010
Became Public Law No: 111-209.
Jul 27, 2010
Signed by President.
Jul 15, 2010
Presented to President.
Jul 14, 2010
Message on Senate action sent to the House.
Jul 13, 2010
Cleared for White House.
Jul 13, 2010
Passed Senate without amendment by Unanimous Consent.
Jul 13, 2010
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Jul 13, 2010
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5795)
Jul 13, 2010
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S5795)
Jun 15, 2010
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 15, 2010
Sponsor introductory remarks on measure. (CR E1100-1101)
Jun 14, 2010
Motion to reconsider laid on the table Agreed to without objection.
Jun 14, 2010
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 357 - 0 (Roll no. 357). (text: CR H4394)
Jun 14, 2010
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 357 - 0 (Roll no. 357).(text: CR H4394)
Jun 14, 2010
Considered as unfinished business. (consideration: CR H4397-4398)
Jun 14, 2010
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jun 14, 2010
DEBATE - The House proceeded with forty minutes of debate on H.R. 5502.
Jun 14, 2010
Considered under suspension of the rules. (consideration: CR H4393-4395)
Jun 14, 2010
Mr. Hinojosa moved to suspend the rules and pass the bill.
Jun 10, 2010
Referred to the House Committee on Financial Services.
Jun 10, 2010
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Jun 14, 2010 House · vote #357 On Motion to Suspend the Rules and Pass Passed 357–0 See who voted →
 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Amends the Credit Card Accountability Responsibility and Disclosure Act of 2009 to state that, in the case of a gift certificate, store gift card, or general-use prepaid card produced before April 1, 2010, the effective date of certain disclosure requirements under the Electronic Funds Transfer Act pertaining to fees shall be delayed until January 31, 2011.

Requires the issuer of such a certificate or card, as a condition of such delayed effective date, to: (1) comply with a specified prohibition against and certain requirements for the imposition of any dormancy, inactivity, or service fees; (2) consider any such certificate or card for which funds expire to have no expiration date with respect to the underlying funds; (3) replace, at consumer request, any such certificate or card that has funds remaining at no cost to the consumer; and (4) comply with certain consumer rights disclosure requirements.

What's happening now July 27, 2010

Became Public Law No: 111-209.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1