Cash Discount Act

Summary

Cash Discount Act - Title I: Cash Discounts - Amends the Truth in Lending Act to stipulate that any discount (currently, discounts up to five percent) offered by sellers from the "regular price" to induce payment by cash or other means not involving open-end credit plans or credit cards shall not constitute a finance charge. Voids any rule of the Board of Governors of the Federal Reserve System promulgated under the current provision. Title II: Ban on Credit Card Surcharges - Extends the termination of the prohibition against credit card surcharges from February 27, 1981, to February 27, 1983.

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Timeline

1. 5 January 1981

   Introduced

   Introduced in House

   Source: IntroReferral

2. 5 January 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 5 January 1981

   Introduced

   Referred to House Committee on Banking, Finance and Urban Affairs.

   Source: IntroReferral

4. 30 January 1981

   Referred

   Referred to Subcommittee on Consumer Affairs and Coinage.

   Source: Committee

5. 5 February 1981

   Committee

   Forwarded by Subcommittee to Full Committee (Amended).

   Source: Committee

6. 5 February 1981

   Committee

   Subcommittee Hearings Held.

   Source: Committee

7. 5 February 1981

   Committee

   Subcommittee Consideration and Mark-up Session Held.

   Source: Committee

8. 24 February 1981

   Vote

   Passed House (Amended) by Yea-Nay Vote: 372 - 4 (Record Vote No: 11).

   Source: Floor

9. 24 February 1981

   Vote

   Passed/agreed to in House: Passed House (Amended) by Yea-Nay Vote: 372 - 4 (Record Vote No: 11).

   Source: Floor

10. 24 February 1981

    Floor

    Called up by House Under Suspension of Rules.

    Source: Floor

11. 24 February 1981

    Reported

    Ordered to be Reported (Amended).

    Source: Committee

12. 24 February 1981

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

13. 26 February 1981

    Floor

    Received in the Senate held at the desk by unanimous consent. Pursuant to the order of February 26, 1981.

    Source: Floor

14. 12 March 1981

    Floor

    Senate struck all after the Enacting Clause and substituted the language of S. 414 amended.

    Source: Floor

15. 12 March 1981

    Passed

    Passed/agreed to in Senate: Passed Senate in lieu of S. 414 with an amendment by Voice Vote.

    Source: Floor

16. 8 April 1981

    ResolvingDifferences

    House Requested a Conference and Speaker Appointed Conferees: St Germain, Annunzio, Gonzalez, Minish, Stanton, Evans (DE), Wylie, Dingell, Waxman, Scheuer, Broyhill, Madigan.

    Source: ResolvingDifferences

17. 29 April 1981

    Passed

    Conference committee actions: Conferees agreed to file conference report with the exception of Section 303 of Senate Amendment 10.

    Source: ResolvingDifferences

18. 29 April 1981

    Passed

    Senate agreed to request for conference. Appointed conferees. Garn; Tower; Chafee; Williams; Dodd; Hatch; Quayle; Hawkins; Kennedy; Metzenbaum. Solely for the consideration of all provisions of the Senate amendment except section 303, and modifications thereof committed to conference, Senators Garn; Tower; Chafee; Williams; Dodd. Solely for the consideration of section303 of the Senate amendment and modifications thereof committed to conference, Senators Hatch; Quayle; Hawkins; Kennedy; Metzenbaum.

    Source: ResolvingDifferences

19. 29 April 1981

    Floor

    Senate insists on its amendments by Voice Vote.

    Source: Floor

20. 12 May 1981

    ResolvingDifferences

    Conference held on Section 303 of Senate Amendment No. 10.

    Source: ResolvingDifferences

21. 20 May 1981

    ResolvingDifferences

    House Conferees Further Instructed by Voice Vote.

    Source: ResolvingDifferences

22. 8 June 1981

    ResolvingDifferences

    Conference held on Sec. 303 of Senate Amendment No. 10.

    Source: ResolvingDifferences

23. 17 June 1981

    ResolvingDifferences

    Conference held on Section 303 of Senate Amendment No. 10.

    Source: ResolvingDifferences

24. 23 June 1981

    ResolvingDifferences

    Conference Report 97-159 Filed in House.

    Source: ResolvingDifferences

25. 23 June 1981

    ResolvingDifferences

    Conference report filed: Conference Report 97-159 Filed in House.

    Source: ResolvingDifferences

26. 24 June 1981

    Vote

    House Agreed to Conference Report by Yea-Nay Vote: 398 - 9 (Record Vote No: 98).

    Source: ResolvingDifferences

27. 24 June 1981

    Vote

    Conference report agreed to in House: House Agreed to Conference Report by Yea-Nay Vote: 398 - 9 (Record Vote No: 98).

    Source: ResolvingDifferences

28. 14 July 1981

    Passed

    Conference report agreed to in Senate: Senate agreed to conference report by Voice Vote.

    Source: ResolvingDifferences

29. 14 July 1981

    ResolvingDifferences

    Conference report considered in Senate.

    Source: ResolvingDifferences

30. 16 July 1981

    Floor

    Presented to President.

    Source: Floor

31. 16 July 1981

    President

    Presented to President.

    Source: President

32. 16 July 1981

    Floor

    Measure Signed in Senate.

    Source: Floor

33. 27 July 1981

    Became law

    Became Public Law No: 97-25.

    Source: President

34. 27 July 1981

    President

    Signed by President.

    Source: President

35. 27 July 1981

    Became law

    Signed by President.

    Source: BecameLaw

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

5 official files

• Public Law (PDF)

  Public Law · EN · 28 July 1981

  ViewDownloadOpen at official source

• Conference report filed in House

  summary · EN · 23 June 1981

  Open at official source

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• Passed Senate amended

  summary · EN · 12 March 1981

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• Passed House amended

  summary · EN · 24 February 1981

  Open at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 5 January 1981

  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. Annunzio, Frank [D-IL-11] · D · Sponsor
• Rep. Evans, Thomas B., Jr. [R-DE-At Large] · R · Sponsor
• Rep. Wylie, Chalmers P. [R-OH-15] · R · Sponsor
• Rep. Carman, Gregory W. [R-NY-3] · R · Sponsor
• Rep. Oakar, Mary Rose [D-OH-20] · D · Sponsor
• Rep. Minish, Joseph G. [D-NJ-11] · D · Sponsor
• Rep. Neal, Stephen L. [D-NC-5] · D · Sponsor
• Rep. Gonzalez, Henry B. [D-TX-20] · D · Sponsor
• Rep. Hubbard, Carroll, Jr. [D-KY-1] · D · Sponsor
• Rep. Hyde, Henry J. [R-IL-6] · R · Sponsor
• Rep. Parris, Stanford E. (Stan) [R-VA-8] · R · Sponsor
• Rep. Vento, Bruce F. [D-MN-4] · D · Sponsor
• Rep. Mattox, James A. [D-TX-5] · D · Sponsor
• Rep. Shumway, Norman D. [R-CA-14] · R · Sponsor
• Rep. Blanchard, James [D-MI-18] · D · Sponsor
• Rep. Coyne, James K. [R-PA-8] · R · Sponsor
• Rep. Barnard, Doug, Jr. [D-GA-10] · D · Sponsor
• Rep. Wortley, George C. [R-NY-27] · R · Sponsor
• Rep. Patterson, Jerry M. [D-CA-38] · D · Sponsor
• · hsba00 · Standing

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