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United States · Amendment · HAMDT

HAMDT 93 (111th)

An amendment numbered 4 printed in House Report 111-92 to require credit card issuers to allocate payments in excess of the minimum payment to the portion of the remaining balance with the highest outstanding APR first, and then to any remaining balances in descending order, eliminating the pro rata option.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Gutierrez amendment (A004) Agreed to by voice vote.

Sponsors

Rep. Gutierrez, Luis V. [D-IL-4]

Subjects

Discovery layer

Source updated

3 February 2022

Records

Official amendment HAMDT 93 (111th) from United States at United States Congress. Status: On agreeing to the Gutierrez amendment (A004) Agreed to by voice vote..

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Sources

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