H.R.3156 - Consumer Debit Card Protection Act112th Congress (2011-2012)
|Sponsor:||Rep. Chaffetz, Jason [R-UT-3] (Introduced 10/12/2011)|
|Committees:||House - Financial Services|
|Latest Action:||10/21/2011 Referred to the Subcommittee on Financial Institutions and Consumer Credit.|
This bill has the status Introduced
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Summary: H.R.3156 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in House (10/12/2011)
Consumer Debit Card Protection Act - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority granted the Consumer Financial Protection Board (CFPB) to prescribe regulations for interchange transaction (swipe) fees that an issuer may receive or charge in connection with an electronic debit transaction (EDT).
Declares void, and without force or effect, any regulation or information collection which the Board of Governors of the Federal Reserve System (Board) may propose or prescribe pursuant to the Electronic Fund Transfer Act (EFTA). Makes conforming amendments to EFTA.