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HR 4714 113th Congress House Education Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Business ethics Business records Consumer Financial Protection Bureau Consumer affairs Contracts and agency Government information and archives Government lending and loan guarantees Government studies and investigations Higher education Marketing and advertising School administration Student aid and college costs

CAMPUS Debit Cards Act

Introduced: May 22, 2014 See on congress.gov
This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2014
Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 22, 2014
Introduced in House
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 Plain-English summary Congressional Research Service

Curbing Abusive Marketing Practices with University Student Debit Cards Act or the CAMPUS Debit Cards Act - Amends title IV (Student Assistance) the Higher Education Act of 1965 to require each institution of higher education (IHE) that enters into a preferred banking arrangement with a financial institution to:

  • develop a code of conduct regarding the preferred banking arrangement with which the IHE's officers, employees, and agents must comply that prohibits conflicts of interest and requires those individuals to act in the best interests of the IHE's students;
  • publish that code prominently on the IHE's website;
  • annually inform its officers, employees, and agents who have responsibilities regarding the preferred banking arrangement of the code's provisions; and
  • effectively enforce the code.

Requires that code of conduct, at a minimum, to prohibit:

  • the IHE from entering into a revenue-sharing arrangement with any financial institution;
  • the IHE's officers, employees, or agents who have responsibilities regarding the preferred banking arrangement or a financial institution from soliciting or receiving a gift from the financial institution;
  • the IHE from requesting or accepting from any financial institution assistance with any office or department of the IHE;
  • the IHE's officers, employees, or agents who have responsibilities regarding the preferred banking arrangement or a financial institution from accepting financial compensation from any financial institution pursuant to a service contract;
  • the IHE from denying or unnecessarily delaying the disbursement of a title IV loan or grant on the basis of a student's selection of a particular financial institution; and
  • the IHE's officers, employees, or agents who have responsibilities regarding the preferred banking arrangement or a financial institution from receiving anything of value from the financial institution for serving on its advisory board, commission, or group.

Allows specified exceptions to such prohibitions.

Requires IHEs that enroll students who receive title IV grants or loans to establish a system to disburse credit balances to students through electronic payments to a deposit account or a general-use prepaid card with the protections afforded under the Electronic Fund Transfer Act.

Directs the Secretary to conduct a pilot program giving students the option to receive credit balances through the Treasury Direct Express system or another low-cost alternative.

Amends the Consumer Financial Protection Act of 2010 to require:

  • IHEs or their alumni organizations or foundations to publicly disclose any agreement made with a financial institution to market a financial product,
  • financial institutions to submit an annual report to the Consumer Financial Protection Bureau (CFPB) containing the terms and conditions of all agreements they make with IHEs or IHE alumni organizations or foundations relating to any financial product they offer to students at such IHEs,
  • the CFPB to establish and maintain on its publicly available website a central repository of all agreements contained in such reports from financial institutions.

Prohibits financial institutions from offering students any tangible or intangible item to induce them to apply, purchase, or obtain a financial product offered by the financial institution if the offer is made on or near the campus of an IHE or at an event sponsored by or related to an IHE.

Directs the CFPB: (1) to conduct a study on the marketing of financial products to students enrolled in IHEs, and (2) if the study finds that financial products are not marketed to IHE students in a fair manner, to issue regulations to ensure that such products are marketed in a fair manner.

Expresses the sense of Congress that financial products marketed to IHE students should be presented in a fair and neutral manner.

What's happening now May 22, 2014

Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 50
Polis, Jared
· Sep 18, 2014
CAPPS, LOIS
· Jul 29, 2014
SERRANO, JOSE
· Jun 12, 2014
D
McCollum, Betty
Minnesota · May 29, 2014
Schwartz, Allyson
· May 29, 2014
Tsongas, Niki
· May 29, 2014
Bishop, Timothy
· May 22, 2014
D
Bonamici, Suzanne
Oregon · May 22, 2014
Braley, Bruce
· May 22, 2014
BROWN, CORRINE
· May 22, 2014
D
Brownley, Julia
California · May 22, 2014
D
Carson, André
Indiana · May 22, 2014
D
Chu, Judy
California · May 22, 2014
D
Clarke, Yvette D.
New York · May 22, 2014
CLAY, WM.
· May 22, 2014
CUMMINGS, ELIJAH
· May 22, 2014
D
Davis, Danny K.
Illinois · May 22, 2014
DAVIS, SUSAN
· May 22, 2014
Ellison, Keith
· May 22, 2014
FARR, SAM
· May 22, 2014
D
Frankel, Lois
Florida · May 22, 2014
Fudge, Marcia
· May 22, 2014
D
Garamendi, John
California · May 22, 2014
GREEN, GENE
· May 22, 2014
HINOJOSA, RUBEN
· May 22, 2014
HONDA, MICHAEL
· May 22, 2014
D
Huffman, Jared
California · May 22, 2014
D
Jeffries, Hakeem S.
New York · May 22, 2014
D
Lofgren, Zoe
California · May 22, 2014
D
Matsui, Doris O.
California · May 22, 2014
MCCARTHY, CAROLYN
· May 22, 2014
MCDERMOTT, JIM
· May 22, 2014
D
Meeks, Gregory W.
New York · May 22, 2014
D
Nadler, Jerrold
New York · May 22, 2014
D
Norton, Eleanor Holmes
District of Columbia · May 22, 2014
D
Pingree, Chellie
Maine · May 22, 2014
D
Pocan, Mark
Wisconsin · May 22, 2014
D
Schakowsky, Janice D.
Illinois · May 22, 2014
D
Schiff, Adam B.
California · May 22, 2014
D
Scott, Robert C. "Bobby"
Virginia · May 22, 2014
Shea-Porter, Carol
· May 22, 2014
SLAUGHTER, LOUISE
· May 22, 2014
D
Takano, Mark
California · May 22, 2014
D
Thompson, Mike
California · May 22, 2014
TIERNEY, JOHN
· May 22, 2014
D
Van Hollen, Chris
Maryland · May 22, 2014
D
Waters, Maxine
California · May 22, 2014
D
Welch, Peter
Vermont · May 22, 2014
D
Wilson, Frederica S.
Florida · May 22, 2014
Yarmuth, John
· May 22, 2014
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4714: CAMPUS Debit Cards Act. 113th Congress. Open America. https://openamerica.io/bill/113-HR-4714/
MLA
"H.R. 4714: CAMPUS Debit Cards Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-4714/.
Bluebook (legal)
H.R. 4714, 113th Cong. (2026), https://openamerica.io/bill/113-HR-4714/.
Markdown link
[H.R. 4714: CAMPUS Debit Cards Act](https://openamerica.io/bill/113-HR-4714/)
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