US HB1610 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 19 2009 - 25% progression, died in committee
Action: 2009-03-19 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 19 2009 - 25% progression, died in committee
Action: 2009-03-19 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Interest Rate Equity Act or the IRE Act - Amends the Emergency Economic Stabilization Act of 2008 to prohibit any financial institution that receives assistance under the Troubled Asset Relief Program (TARP) from charging its customers more than 18% interest on credit card accounts.
Title
Interest Rate Equity Act
Sponsors
| Rep. Jackie Speier [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-03-19 | Referred to the House Committee on Financial Services. |
Subjects
Bank accounts, deposits, capital
Consumer credit
Finance and financial sector
Financial crises and stabilization
Interest, dividends, interest rates
Consumer credit
Finance and financial sector
Financial crises and stabilization
Interest, dividends, interest rates
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/1610/all-info |
| Text | https://www.congress.gov/111/bills/hr1610/BILLS-111hr1610ih.pdf |
