HR 3606 111th Congress

Credit CARD Technical Corrections Act of 2009

Latest Action

Became Public Law No: 111-93.

Congress.gov

Sponsors

Rep. Welch, Peter [D-VT-At Large]

Rep. Welch, Peter [D-VT-At Large]

D — VT

Summary

(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Credit CARD Technical Corrections Act of 2009 - Amends the Truth in Lending Act, as amended by the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act of 2009), to make a technical amendment with respect to the timing of payments related to open end consumer credit plans. Adds the phrase "a credit card account under" to the timing requirement to specify that a creditor may not treat a payment on a credit card account under an open end consumer credit plan as late for any purpose, unless the creditor has adopted reasonable procedures designed to ensure that each periodic statement is mailed or delivered to the consumer at least 21 days before the payment due date.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Credit CARD Technical Corrections Act of 2009 - Amends the Truth in Lending Act, as amended by the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act of 2009), to make a technical amendment with respect to the timing of payments related to open end consumer credit plans. Adds the phrase "a credit card account under" to the timing requirement to specify that a creditor may not treat a payment on a credit card account under an open end consumer credit plan as late for any purpose, unless the creditor has adopted reasonable procedures designed to ensure that each periodic statement is mailed or delivered to the consumer at least 21 days before the payment due date.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Credit CARD Technical Corrections Act of 2009 - Amends the Truth in Lending Act, as amended by the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act of 2009), to make a technical amendment with respect to the timing of payments related to open end consumer credit plans. Adds the phrase "a credit card account under" to the timing requirement to specify that a creditor may not treat a payment on a credit card account under an open end consumer credit plan as late for any purpose, unless the creditor has adopted reasonable procedures designed to ensure that each periodic statement is mailed or delivered to the consumer at least 21 days before the payment due date.
Credit CARD Technical Corrections Act of 2009 - Amends the Truth in Lending Act, as amended by the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act of 2009), to make a technical amendment with respect to the timing of payments related to open end consumer credit plans. Adds the phrase "a credit card account under" to the timing requirement to specify that a creditor may not treat a payment on a credit card account under an open end consumer credit plan as late for any purpose, unless the creditor has adopted reasonable procedures designed to ensure that each periodic statement is mailed or delivered to the consumer at least 21 days before the payment due date.

Actions

2009-11-06T00:00:00

Became Public Law No: 111-93.

2009-11-06T00:00:00

Became Public Law No: 111-93.

2009-11-06T00:00:00

Signed by President.

2009-11-06T00:00:00

Signed by President.

2009-10-30T00:00:00

Presented to President.

2009-10-30T00:00:00

Presented to President.

2009-10-30T00:00:00

Message on Senate action sent to the House.

2009-10-29T00:00:00

Cleared for White House.

2009-10-29T00:00:00

Passed Senate without amendment by Unanimous Consent. (consideration: CR S10943)

2009-10-29T00:00:00

Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S10943)

2009-10-14T00:00:00

Received in the Senate, read twice.

2009-10-13T00:00:00

Motion to reconsider laid on the table Agreed to without objection.

2009-10-13T00:00:00

On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H11257)

2009-10-13T00:00:00

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H11257)

2009-10-13T00:00:00

DEBATE - The House proceeded with forty minutes of debate on H.R. 3606.

2009-10-13T00:00:00

Considered under suspension of the rules. (consideration: CR H11257-11259)

2009-10-13T00:00:00

Mr. Frank (MA) moved to suspend the rules and pass the bill.

2009-09-17T00:00:00

Referred to the House Committee on Financial Services.

2009-09-17T00:00:00

Introduced in House

2009-09-17T00:00:00

Introduced in House

Policy Areas

Finance and Financial Sector

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