H.R. 2695 · 111th Congress
Credit Card Fair Fee Act of 2009
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ConyersSponsor17 cosponsors · 13 D, 4 R
R
Shuster
BD
D
Delahunt
MQ
D
Quigley
MH
D
Honda
CC
D
Carney
JN
D
Nadler
JJ
D
Jackson
JM
D
McGovern
LS
D
Sánchez
KS
D
Schrader
TP
R
Platts
ZL
D
Lofgren
JS
R
Sullivan
KE
D
Ellison
RH
R
Hall
HS
D
Shuler
JS
D
Sestak1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Credit Card Fair Fee Act of 2009 - Sets forth a limited antitrust immunity to providers of covered electronic payment systems and merchants for negotiation of access rates and terms. Authorizes providers of a single covered electronic payment system (e.g.
What it does: CRS summary · Introduced in House · Jun 4, 2009
Credit Card Fair Fee Act of 2009 - Sets forth a limited antitrust immunity to providers of covered electronic payment systems and merchants for negotiation of access rates and terms. Authorizes providers of a single covered electronic payment system (e.g. credit cards and/or debit cards) and merchants to jointly negotiate and agree upon rates and terms for access to such system. Provides immunity exceptions.
Requires the rates and terms of a voluntarily negotiated access agreement to be the same for all merchants and participating providers, regardless of their respective category or volume of transactions.
Requires issuers, acquirers, owners, and merchants to make specified disclosures regarding itemized costs and access agreements.
Requires the negotiating parties to file jointly with the Attorney General any voluntarily negotiated access agreement that affects any market in the United States or elsewhere.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Credit Card Fair Fee Act of 2009
Latest action (Apr 28, 2010): Committee Hearings Held.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 4, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.