Credit Card Interest Rate Cap Act of 1994

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 24 March 1994

   Introduced

   Referred to the House Committee on Banking, Finance + Urban Affrs.

   Source: IntroReferral

2. 24 March 1994

   Introduced

   Sponsor introductory remarks on measure. (CR E559)

   Source: IntroReferral

3. 24 March 1994

   Introduced

   Introduced in House

   Source: IntroReferral

4. 24 March 1994

   Introduced

   Introduced in House

   Source: IntroReferral

5. 7 April 1994

   Referred

   Referred to the Subcommittee on Consumer Credit and Insurance.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 24 March 1994 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 24 March 1994

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 24 March 1994

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 24 March 1994

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Gejdenson, Sam [D-CT-2] · D · Sponsor
• Rep. Miller, George [D-CA-11] · D · Cosponsor
• Rep. Velázquez, Nydia M. [D-NY-7] · D · Cosponsor
• Rep. Green, Gene [D-TX-29] · D · Cosponsor
• Rep. Lloyd, Marilyn [D-TN-3] · D · Cosponsor
• Del. Faleomavaega, Eni F. H. [D-AS-At Large] · D · Cosponsor
• Rep. Hastings, Alcee L. [D-FL-20] · D · Cosponsor
• Rep. Owens, Major R. [D-NY-11] · D · Cosponsor
• · hsba00 · Standing

Related records

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