H.R. 5465
Referred to CommitteeTo repeal section 1075 of the Consumer Financial Protection Act of 2010 relating to rules for payment card transactions, and for other purposes.
Introduced 6/14/2016•114th Congress•House
Latest Action
Referred to the House Committee on Financial Services.
6/14/2016 • House
Summary
This bill: (1) repeals provisions of the Consumer Financial Protection Act of 2010 that amended the Electronic Fund Transfer Act to authorize the Consumer Financial Protection Bureau to prescribe regulations governing interchange transaction fees for electronic debit transactions, and (2) restores the law amended by such provisions as if they had not been enacted.
Introduced in House • 6/14/2016
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Topics & Subjects
Policy Area: Finance and Financial Sector
Administrative law and regulatory proceduresBanking and financial institutions regulationConsumer Financial Protection BureauConsumer credit
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Related Federal Spending
Sponsor & Cosponsors (3)
Party Breakdown
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Democrats
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Republicans
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Cosponsors (2)
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Bill Journey
Originated in the House
Introduced
June 14, 2016
Referred to the House Committee on Financial Services.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House6/14/2016