H.R. 1461 · 110th Congress · 2007–2008
Credit Card Accountability Responsibility and Disclosure Act of 2007
H.R. 1461 in the 110th Congress (2007–2008) was introduced on Mar 9, 2007, sponsored by Mark Udall with 40 co-sponsors.
During the 110th Congress (2007–2008), George W. Bush was president, and Democrats held the House majority and Republicans the Senate majority.
- Status
- Introduced
- Introduced
- Mar 9, 2007
- Co-sponsors
- 40
- Policy area
- Finance and Financial Sector
What it does
Credit Card Accountability Responsibility and Disclosure Act of 2007, or the Credit CARD Act of 2007 - Amends the Truth in Lending Act to require advance notice of any increase in the annual percentage rate (APR) of interest pertaining to a credit card account under an open end consumer credit plan. Imposes a freeze on interest rate terms and fees on canceled cards.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Mark Udall (D-CO). Co-sponsors: 40 Democrats.
Where it stands
- IntroducedMar 9, 2007
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Financial Services. (Mar 9, 2007)
More bills from Mark Udall in the 110th Congress
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- H.R. 2045: Promoting Lifelong Active Communities Every Day Act
- H.R. 2574: Iraq Study Group Recommendations Implementation Act of 2007
- H.R. 3119: To prohibit the use of funds for military operations in Iran.
Other Finance and Financial Sector bills in the 110th Congress
- H.R. 188: To provide a new effective date for the applicability of certain provisions of law to Public Law…
- H.R. 2358: Native American $1 Coin Act
- H.R. 3703: To amend section 5112(p)(1)(A) of title 31, United States Code, to allow an exception from the $1…
- H.R. 2761: Terrorism Risk Insurance Program Reauthorization Act of 2007
- H.R. 5478: To provide for the continued minting and issuance of certain $1 coins in 2008.
- H.R. 4008: Credit and Debit Card Receipt Clarification Act of 2007
- S. 3197: National Guard and Reservists Debt Relief Act of 2008
- H.R. 6184: America's Beautiful National Parks Quarter Dollar Coin Act of 2008
- H.R. 111: Community Choice in Real Estate Act
- H.R. 480: To amend the Truth in Lending Act to prohibit issuance of residential mortgages to any individual…
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 1461 (110th Congress): Credit Card Accountability…,” https://www.capitolreceipts.com/bill/110-hr-1461/credit-card-accountability-responsibility-and-disclosure-act-of-2007 (accessed 2026-10-17).