H.R.6620: To amend the Truth in Lending Act to limit the amount of the interchange fee imposed on the sale of motor vehicle fuel, and for other purposes.
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To amend the Truth in Lending Act to limit the amount of the interchange fee imposed on the sale of motor vehicle fuel, and for other purposes. 7/24/2008--Introduced.
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. Comment on Bill - Be the first to leave a comment!
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