HR 6620 · 110th Congress · Finance and Financial Sector
Gas Pump Fair Payment Act of 2008
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2008-07-24)
Plain Language Summary
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Gas Pump Fair Payment Act of 2008 - Amends the Truth in Lending Act to prohibit an electronic payment system network, for a specified six-month period, from requiring or permitting a merchant to pay an interchange, processing, or other fee in connection with any credit, charge, or debit card transaction involving a consumer purchase of motor vehicle fuel in excess of 1% of the cost of each gallon of such fuel.…
Summarized by Claude AI · Non-partisan · For informational purposes only