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United States · Law · HR

H.R. 5502 (111th)

To amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009.

enactedUnited States· United States Congress· EN

Introduced

10 June 2010

Last action

27 July 2010 · President

Status

Became Public Law No: 111-209.

Sponsors

Rep. Maffei, Daniel B. [D-NY-24], CAROLYN MALONEY, Rep. McCarthy, Carolyn [D-NY-4], Rep. McMahon, Michael E. [D-NY-13], Kevin McCarthy, Lynn Jenkins, Rep. Meeks, Gregory W. [D-NY-5]

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Amends the Credit Card Accountability Responsibility and Disclosure Act of 2009 to state that, in the case of a gift certificate, store gift card, or general-use prepaid card produced before April 1, 2010, the effective date of the certain disclosure requirements under the Electronic Funds Transfer Act pertaining to fees shall be delayed until January 31, 2011. Requires the issuer of such a certificate or card, as a condition of such delayed effective date, to: (1) comply with a specified prohibition against and certain requirements for the imposition of any dormancy, inactivity, or service fees; (2) consider any such certificate or card for which funds expire to have no expiration date with respect to the underlying funds; (3) replace, at consumer request, any such certificate or card that has funds remaining at no cost to the consumer; and (4) comply with certain consumer rights disclosure requirements.

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

Timeline

  1. 10 June 2010

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 10 June 2010

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 10 June 2010

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 14 June 2010

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  5. 14 June 2010

    Vote

    On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 357 - 0 (Roll no. 357). (text: CR H4394)

    Source: Floor

  6. 14 June 2010

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 357 - 0 (Roll no. 357).(text: CR H4394)

    Source: Floor

  7. 14 June 2010

    Floor

    Considered under suspension of the rules. (consideration: CR H4393-4395)

    Source: Floor

  8. 14 June 2010

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

  9. 14 June 2010

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 5502.

    Source: Floor

  10. 14 June 2010

    Floor

    Mr. Hinojosa moved to suspend the rules and pass the bill.

    Source: Floor

  11. 15 June 2010

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  12. 15 June 2010

    Introduced

    Sponsor introductory remarks on measure. (CR E1100-1101)

    Source: IntroReferral

  13. 13 July 2010

    Action

    Cleared for White House.

  14. 13 July 2010

    Passed

    Passed Senate without amendment by Unanimous Consent.

    Source: Floor

  15. 13 July 2010

    Passed

    Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.

    Source: Floor

  16. 13 July 2010

    Discharge

    Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5795)

    Source: Discharge

  17. 13 July 2010

    Committee

    Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S5795)

    Source: Committee

  18. 14 July 2010

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  19. 15 July 2010

    Floor

    Presented to President.

    Source: Floor

  20. 15 July 2010

    President

    Presented to President.

    Source: President

  21. 27 July 2010

    Became law

    Became Public Law No: 111-209.

    Source: President

  22. 27 July 2010

    Became law

    Signed by President.

    Source: BecameLaw

  23. 27 July 2010

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

Documents

14 official files

Enrolled Bill (text)

View fileDownload file

Sponsors

Related records

Sources

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