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H.R. 7531 118th Congress House

Secure Payments Act of 2024

Official title: To require the Board of Governors of the Federal Reserve System to study the impacts of the Board's Reg II proposed rule, to complete a quantitative impact ana… Show full official titleShow less

Official title: To require the Board of Governors of the Federal Reserve System to study the impacts of the Board's Reg II proposed rule, to complete a quantitative impact analysis of such rule, and to consider the results of such study and analysis before finalizing such rule, and for other purposes.

Introduced: March 5, 2024 See on congress.gov
Finance and Financial Sector
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Mar 5, 2024
Referred to the House Committee on Financial Services.
Mar 5, 2024
Introduced in House
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 Latest action March 5, 2024

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Secure Payments Act of 2024

This bill prohibits the Board of Governors of the Federal Reserve System from implementing the proposed rule published on November 14, 2023, titled Debit Card Interchange Fees and Routing until the consideration of a report on the rule’s effects. The proposed rule establishes standards for reasonable debit card interchange fees and prohibits debit card network exclusivity. The report must analyze the impact of the rule on consumers, merchants, and financial institutions.

 Related & companion bills 1
  • S 4570 Secure Payments Act of 2024
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 15

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

  • CGCN GROUP, LLC
    for BANK POLICY INSTITUTE (FKA THE FINANCIAL SERVICES ROUNDTABLE) · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
  • BANK POLICY INSTITUTE
    for BANK POLICY INSTITUTE · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
  • BANK POLICY INSTITUTE
    for BANK POLICY INSTITUTE · District of Columbia · 2nd Quarter 2026 (Apr 1 - June 30)
  • CGCN GROUP, LLC
    for BANK POLICY INSTITUTE (FKA THE FINANCIAL SERVICES ROUNDTABLE) · District of Columbia · 2nd Quarter 2026 (Apr 1 - June 30)
  • CGCN GROUP, LLC
    for BANK POLICY INSTITUTE (FKA THE FINANCIAL SERVICES ROUNDTABLE) · District of Columbia · 1st Quarter 2026 (Jan 1 - Mar 31)
  • BANK POLICY INSTITUTE
    for BANK POLICY INSTITUTE · District of Columbia · 1st Quarter 2026 (Jan 1 - Mar 31)

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

See all 15 filings →
 Cosponsors 14
All 14 Republican 13
R
Mann, Tracey
Kansas · Jul 30, 2024
 R
Norman, Ralph
South Carolina · Mar 8, 2024
 R
Barr, Andy
Kentucky · Mar 6, 2024
 R
Fitzpatrick, Brian K.
Pennsylvania · Mar 6, 2024
 R
Houchin, Erin
Indiana · Mar 6, 2024
 R
Timmons, William R.
South Carolina · Mar 6, 2024
 R
Donalds, Byron
Florida · Mar 5, 2024
 R
Fitzgerald, Scott
Wisconsin · Mar 5, 2024
 R
Flood, Mike
Nebraska · Mar 5, 2024
 R
Meuser, Daniel
Pennsylvania · Mar 5, 2024
 R
Nunn, Zachary
Iowa · Mar 5, 2024
Posey, Bill
· Mar 5, 2024
 R
Sessions, Pete
Texas · Mar 5, 2024
 R
Williams, Roger
Texas · Mar 5, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7531: Secure Payments Act of 2024. 118th Congress. Open America. https://openamerica.io/bill/118-HR-7531/
MLA
"H.R. 7531: Secure Payments Act of 2024." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-7531/.
Bluebook (legal)
H.R. 7531, 118th Cong. (2026), https://openamerica.io/bill/118-HR-7531/.
Markdown link
[H.R. 7531: Secure Payments Act of 2024](https://openamerica.io/bill/118-HR-7531/)
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