S 4570 · 118th Congress · Finance and Financial Sector

Secure Payments Act of 2024

Introduced 2024-06-18· Sponsored by Sen. Budd, Ted [R-NC]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2024-06-18)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 4570 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 4570 To require the Board of Governors of the Federal Reserve System to study the impacts of the proposed rule on debit card interchange fees and routing, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES June 18, 2024 Mr. Budd (for himself, Mr. Hagerty, Mr. Daines, Mr. Tillis, and Mrs. Britt) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To require the Board of Governors of the Federal Reserve System to study the impacts of the proposed rule on debit card interchange fees and routing, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Secure Payments Act of 2024''. SEC. 2. DEFINITION. In this Act, the term ``Reg II proposed rule'' means the notice of propos…

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

Cosponsors (4)

4 Republicans