S 2760
118th Congress
Senate
Finance and Financial Sector
Capping Credit Card Interest Rates Act
Introduced: September 11, 2023
Introduced by:
Hawley, Josh
Republican
· Missouri
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 11, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 11, 2023
Introduced in Senate
Plain-English summary
Capping Credit Card Interest Rates Act
This bill caps credit card interest rates at 18%, including all finance charges. Additional charges may not be imposed to evade this limitation. Creditors who violate this bill are subject to civil liability.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1