United States · Bill · HR
H.R. 4132 (103rd)
Credit Card Interest Rate Cap Act of 1994
Introduced
24 March 1994
Last action
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Status
Referred to the Subcommittee on Consumer Credit and Insurance.
Sponsors
—
Subjects
Discovery layer
Source updated
26 August 2025
Summary
Credit Card Interest Rate Cap Act of 1994 - Expresses the sense of the Congress that: (1) low interest rates have reduced interest rates for consumer loans; (2) such low rates have not led to corresponding steep reductions in credit card interest rates; and (3) consumers are therefore paying credit card interest rates far in excess of what is warranted by economic conditions. Amends the Truth in Lending Act to prescribe a formula for a maximum credit card interest rate.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 24 March 1994
Introduced in House (PDF)
Introduced in House · EN · 24 March 1994
Introduced in House
summary · EN · 24 March 1994
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/103rd-congress/house-bill/4132
- Open data entity: https://api.congress.gov/v3/bill/103/hr/4132