United States · Bill · S
S. 1270 (104th)
A bill to exempt stored value cards from the Electronic Fund Transfer Act, and for other purposes.
Introduced
25 September 1995
Last action
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Status
Read twice and referred to the Committee on Banking.
Sponsors
—
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Amends the Electronic Fund Transfer Act (EFTA) to modify the definition of "accepted card" and "account" to exclude a stored value card (i.e., a prepaid card), thus exempting such cards from EFTA regulatory jurisdiction.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 25 September 1995
Introduced in Senate (PDF)
Introduced in Senate · EN · 25 September 1995
Introduced in Senate
summary · EN · 25 September 1995
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/104th-congress/senate-bill/1270
- Open data entity: https://api.congress.gov/v3/bill/104/s/1270