HR 2572 · 107th Congress · Finance and Financial Sector

Gambling ATM and Credit/Debit Card Reform Act

Introduced 2001-07-19· Sponsored by Rep. LaFalce, John J. [D-NY-29]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Financial Institutions and Consumer Credit.(2001-07-31)

Plain Language Summary

[AI summary unavailable — showing source text] Gambling ATM and Credit/Debit Card Reform Act - Amends the Electronic Fund Transfer Act and the Truth in Lending Act to prohibit the placement of an electronic terminal for initiating a consumer credit transaction (including an automated teller machine or a point-of-sale terminal) or the acceptance of a credit card to initiate such a transaction in the immediate area of a gambling establishment where any form of gambling is going on. Makes violators of this prohibition liable to consumers for actual and punitive damages.…

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