118th Congress Finance and Financial Sector
H.R. 7531: Secure Payments Act of 2024
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill prohibits the Board of Governors of the Federal Reserve System from implementing the proposed rule published on November 14, 2023, titled Debit Card Interchange Fees and Routing until the consideration of a report on the rule’s effects. The proposed rule establishes standards for reasonable debit card interchange fees and prohibits debit card network exclusivity. The report must analyze the impact of the rule on consumers, merchants, and financial institutions.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Byron Donalds R-FLOriginal
- Scott Fitzgerald R-WIOriginal
- Mike Flood R-NEOriginal
- Daniel Meuser R-PAOriginal
- Zachary (Zach) Nunn R-IAOriginal
- Bill Posey R-FLOriginal
- Pete Sessions R-TXOriginal
- Roger Williams R-TXOriginal
- Garland Barr R-KY
- Brian Fitzpatrick R-PA
- Erin Houchin R-IN
- William Timmons R-SC
- Ralph Norman R-SC
- Tracey Mann R-KS
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- H.R. 8033: Regulatory Transparency for Small Businesses Act
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- H.R. 399: Small Business Advocacy Improvements Act of 2023
History
- Introduced in the House by Blaine Luetkemeyer.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.