s 16 60563 1256097600 1256529600 1 1833 4094 111 400412

10/21/2009--Introduced.Expedited CARD Reform for Consumers Act of 2009 - Amends the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act of 2009) to move up the effective date of the Act from February 20, 2010, to December 1, 2009. Amends the Truth in Lending Act to move up also to December 1, 2009: (1) the deadline by which the Board of Governors of the Federal Reserve System must issue final implementing rules for required creditor reviews of changes in factors considered in past consumer annual percentage interest rate (APR) increases when determining whether to reduce the APR; and (2) the effective date of the creditor review requirement. Moves up to the same date: (1) the effective date of the requirement that any penalty fee or charge that a credit card issuer may impose, including a late payment fee, over-the-limit fee, or any other penalty fee or charge, be reasonable and proportional to the omission or violation to which it relates; and (2) the deadline for the Board to issue final implementing rules establishing standards for assessing whether any such penalty fee or charge is reasonable and proportional. Amends the Electronic Fund Transfer Act to move up to December 1, 2009, as well the effective dates of the Act's: (1) prohibition against the imposition of a dormancy fee, an inactivity charge or fee, or a service fee with respect to general use prepaid cards, certificates, and store gift cards; and (2) the deadline by which the Board must issue final implementing regulations.

1256529600 2009-10-26 Wed Jan 06 09:50:07 -0600 2010 introduced 60563 'act':6 '2009':8 'card':2 'consum':5 'reform':3 'expedit':1 79106 false short introduced 60563 'act':6 '2009':8 'card':2 'consum':5 'reform':3 'expedit':1 78979 true popular introduced 60563 'act':12 '2009':14 'bill':2 'card':7 'date':20 'amend':4 'consum':23 'credit':6 'effect':19 'purpos':28 'account':8 'earlier':18 'protect':24 'respons':9 'various':22 'disclosur':11 'establish':16 78890 false official action 60563 Thu Oct 29 07:00:15 -0500 2009 1256529600 Mon Oct 26 00:00:00 -0500 2009 213350 Sponsor introductory remarks on measure. (CR S10730-10731) U000038 1950-07-18 7805 317 Hart Senate Office Building http://markudall.senate.gov/?p=contact 202-226-7840 Mark 'd':4 'co':5 'sen':1 'mark':2,6,8 'udal':3,7,9 M 400412 Udall Mark_Udall E. Sen. Mark Udall [D, CO] 3361 N00008051 14605 Democrat 202-224-5941 CO Mark Udall 2.08928571428571 http://markudall.senate.gov action 60563 Thu Oct 29 07:00:15 -0500 2009 1256529600 Mon Oct 26 00:00:00 -0500 2009 213350 Sponsor introductory remarks on measure. (CR S10730-10731) action 60563 Thu Oct 22 07:01:48 -0500 2009 1256097600 Wed Oct 21 00:00:00 -0500 2009 212217 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. introduced 60563 Thu Oct 22 07:01:48 -0500 2009 1256097600 Wed Oct 21 00:00:00 -0500 2009 212216