Library / Laws / 114th / hr / H.R. 2129 / Introduced in House
I
114th CONGRESS
1st Session
H. R. 2129
IN THE HOUSE OF REPRESENTATIVES
April 30, 2015
Mr. Price of North Carolina introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To strengthen the disclosure requirements for creditors under the Truth in Lending Act.
1.
Short title
This Act may be cited as the Online Credit Card Disclosure Act of 2015.
2.
Online payment timing disclosures
Section 127(b)(11)(D) of the Truth in Lending Act (15 U.S.C. 1637(b)(11)(D)) is amended—
(1) in clause (i), by striking ; and and inserting a semicolon;
(2) in clause (ii), by striking the period and inserting ; and; and
(3) by inserting at the end the following new clause:
(iii) if the consumer has an online account with the creditor under the consumer credit plan, be disclosed in a conspicuous and prominent location on a webpage of such creditor.
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