HR 1166 · 102th Congress · Commerce

Credit Card Grace Period Act of 1991

Introduced 1991-02-27· Sponsored by Rep. Smith, Lawrence [D-FL-16]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Subcommittee Hearings Held.(1991-10-09)

Plain Language Summary

[AI summary unavailable — showing source text] Credit Card Grace Period Act of 1991 - Amends the Truth in Lending Act, with regard to any credit card account under an open end consumer credit plan which provides that any credit extended may be repaid during a period beginning on the billing date without a finance charge, to prohibit considering any date before the postmark of the statement as the billing date.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (11)

10 Democrats1 Republican