H.R. 3254 · 108th Congress
Consumer Credit and Identity Protection Act of 2001
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
FrelinghuysenSponsorNo cosponsors.
Consumer Credit and Identity Protection Act of 2001 [sic] - Amends the Electronic Fund Transfer Act to declare that only the last four digits of a consumer's account number may be printed (truncated) on transaction receipts when identifying an account with respect to an electronic fund transfer initiated by the consumer at an electronic terminal.
What it does: CRS summary · Introduced in House · Oct 7, 2003
Consumer Credit and Identity Protection Act of 2001 [sic] - Amends the Electronic Fund Transfer Act to declare that only the last four digits of a consumer's account number may be printed (truncated) on transaction receipts when identifying an account with respect to an electronic fund transfer initiated by the consumer at an electronic terminal.
Authorizes temporary waivers of this requirement if the Board of Governors of the Federal Reserve System determines that retrofitting an existing electronic terminal to comply by the effective date of this Act is unduly burdensome.
Directs the Board to study and report to Congress on truncation of credit and debit card account numbers in all consumer transactions.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Consumer Credit and Identity Protection Act of 2001
Latest action (Oct 22, 2003): Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Oct 7, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.