H.R. 5502: To amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009.
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H.R. 5502: To amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009.
111th Congress · introduced 2010-06-10 · Finance and Financial Sector · Latest: Became Public Law No: 111-209.
federal
Follow this bill, step by step
- Where it came from: introduced 2010-06-10 · official record
- Who proposed it: Rep. Maffei, Daniel B. [D-NY-25] · what a sponsor is
- What happened next: 1 recorded vote in our records. Latest: House roll call 357 (2010): On Motion to Suspend the Rules and Pass, HR5502 (2010-06-14), Passed. See all
- Where it stands now: Became Public Law No: 111-209. (final step reached)
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
To amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009.
Plain summary
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) 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 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.
Congressional Research Service summary (Public Law), quoted unchanged (nonpartisan). Read the source.
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PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
To amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009.
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Maffei, Daniel B. [D-NY-25] · 6 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Gregory W. Meeks (D-NY)
Recorded votes
- House roll call 357 (2010): On Motion to Suspend the Rules and Pass, HR5502 (2010-06-14): Passed
Sources
- Congressional Research Service summary (Public Law)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-111hr5502.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/111/hr>
Record fed-us-cong111-hr5502 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111