H.AMDT.103 to H.R.627

Amendment requires a 6-month period for a promotional rate for credit cards before the standard rate may be increased.

H.AMDT.103(A014)
Amends: H.R.627
Sponsor: Rep Perriello, Thomas S.P. [VA-5](offered 4/30/2009)

AMENDMENT DESCRIPTION:
Amendment requires a 6-month period for a promotional rate for credit cards before the standard rate may be increased.

AMENDMENT PURPOSE:
An amendment numbered 14 printed in House Report 111-92 to require a 6-month period for a promotional rate for credit cards before the standard rate may be increased.

STATUS:

    4/30/2009 1:31pm:
    Amendment (A014) offered by Mr. Perriello. (consideration: CR H5033-5034; text: CR H5033)
    4/30/2009 1:40pm:
    On agreeing to the Perriello amendment (A014) Agreed to by voice vote.

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