2009-H4300 on Dec 11, 2009

1. LIMITATION ESTABLISHED--The annual percentage rate applicable to any extension of credit under, or any outstanding balance on, any credit card account under an open end consumer credit plan may not exceed 16 percent.
2. INCLUSION OF CERTAIN FEES IN DETERMINING APR--In determining the annual percentage rate applicable to any credit card account, membership fees or annual fees shall be included in the finance charge [calculation].
3. ADJUSTMENTS--the Board may make adjustments to the maximum annual percentage rate limitation when any such adjustment is in the public interest and economic conditions warrant. Any increase in the maximum annual percentage rate limitation [will be determined by] severe economic conditions, taking into account the prevailing bank prime rates, and statistical information the Board determines to be relevant.

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   • Topic: Budget & Economy
   • Headline: Establish a usury limit of 16% for consumer credit cards
   • Headline 2: Sponsored bill establishing credit card usury limit of 16%
     
     
   • Key for participation codes:
   • Sponsorships: p=sponsored; o=co-sponsored; s=signed
   • Memberships: c=chair; m=member; e=endorsed; f=profiled; s=scored
   • Resolutions: i=introduced; w=wrote; a=adopted
   • Cases: w=wrote; j=joined; d=dissented; c=concurred
   • Surveys: '+' supports; '-' opposes.
   
   
   

   Democrats participating in 2009-H4300
   Rob Andrews	s1s	New Jersey Democrat
   Michael Arcuri	s1s	New York Democrat (until 2010)
   Timothy Bishop	s1s	New York Democrat
   Michael Capuano	s1s	MA Former Democratic Primary Senate Challenger (2009)
   Russ Carnahan	s1s	Missouri Democrat
   James Clyburn	s1s	South Carolina Democrat
   Steve Cohen	s1s	Tennessee Democrat
   John Conyers	s1s	Michigan Democrat
   Jerry Costello	s1s	Illinois Democrat (Retiring 2012)
   Joe Courtney	s1s	Connecticut Democrat
   Elijah Cummings	s1s	Maryland Democrat
   Kathy Dahlkemper	s1s	Pennsylvania Democrat (until 2010)
   Peter Defazio	s1s	Oregon Democrat
   Bill Delahunt	s1s	Massachusetts Democrat (until 2010)
   Rosa DeLauro	s1s	Connecticut Democrat
   Lloyd Doggett	s1s	Texas Democrat
   Mike Doyle	s1s	Pennsylvania Democrat
   Donna Edwards	s1s	Maryland Democrat
   Keith Ellison	s1s	Minnesota Democrat
   Anna Eshoo	s1s	California Democrat
   Sam Farr	s1s	California Democrat
   Bob Filner	s1s	California Democrat (Mayoral run 2011)
   Marcia Fudge	s1s	Ohio Democrat
   John Garamendi	s1s	California Democrat
   Raul Grijalva	s1s	Arizona Democrat
   Phil Hare	s1s	Illinois Democrat (until 2010)
   Alcee Hastings	s1s	Florida Democrat
   Maurice Hinchey	s1s	New York Dem/Working-Fam.(Retired 2012)
   Mazie Hirono	s1s	Hawaii Democrat (Senate run 2012)
   Mike Honda	s1s	California Democrat
   Steve Israel	s1s	New York Democrat
   Jesse Louis Jackson	s1s	Illinois Democrat
   Sheila Jackson Lee	s1s	Texas Democrat
   Eddie Bernice Johnson	s1s	Texas Democrat
   Marcy Kaptur	s1s	Ohio Democrat
   Patrick Kennedy	s1s	Rhode Island Democrat (until 2010)
   Dennis Kucinich	s1s	Ohio Democrat
   James Langevin	s1s	Rhode Island Democrat
   Nita Lowey	s1s	New York Democrat
   Steve Lynch	s1s	Massachusetts Democrat
   Eric Massa	s1s	New York Democrat (until 2010)
   Doris Matsui	s1s	California Democrat
   Betty McCollum	s1s	Minnesota Democrat
   Jim McDermott	s1s	Washington Democrat
   Jim McGovern	s1s	Massachusetts Democrat
   George Miller	s1s	California Democrat
   Alan Mollohan	s1s	West Virginia Democrat
   James Moran	s1s	Virginia Democrat
   John Murtha	s1s	Pennsylvania Democrat (Deceased Feb. 2010)
   Jerrold Nadler	s1s	New York Dem./Lib./Working-Families
   John Olver	s1s	Massachusetts Democrat (Retiring 2012)
   Tom Perriello	s1s	Virginia Democrat (until 2010)
   Ciro Rodriguez	s1s	Texas Democrat (until 2010)
   Jan Schakowsky	s1s	Illinois Democrat
   Jose Serrano	s1s	New York Democrat/Liberal
   Carol Shea-Porter	s1s	New Hampshire Democrat (until 2010)
   Louise Slaughter	s1s	New York Democrat
   Pete Stark	s1s	California Democrat
   Betty Sutton	s1s	Ohio Democrat
   Bennie Thompson	s1s	Mississippi Democrat
   John Tierney	s2p	Massachusetts Democrat
   Paul Tonko	s1s	New York Democrat
   Ed Towns	s1s	New York Democrat/Liberal
   Niki Tsongas	s1s	Massachusetts Democrat
   Peter Visclosky	s1s	Indiana Democrat
   Diane Watson	s1s	California Former Democrat (until 2010)
   Henry Waxman	s1s	California Democrat
   Peter Welch	s1s	Vermont Democrat
   Lynn Woolsey	s1s	California Democrat (Retiring 2012)

   
   
   

   Republicans participating in 2009-H4300
   Walter Beaman Jones	s1s	North Carolina Republican
   Todd Platts	s1s	Pennsylvania Republican (Retiring 2012)

   
   
   

   Independents participating in 2009-H4300

   
   
   

   Total recorded by OnTheIssues:

   Democrats: 69 Republicans: 2 Independents: 0