ment to Consumers Act of 2009 shall be treated by 
the agency with jurisdiction over the creditor under 
section 108 as an unfair or deceptive act or practice. 
‘‘(9) DEFINITION.—In this subsection, the term 
‘joint resolution’ means only a joint resolution— 
‘‘(A) which does not have a preamble; 
‘‘(B) the title of which is as follows: ‘Joint 
resolution relating to the increase in the inter-
est rates on credit card accounts pursuant to 
section 107(f)(3) of the Truth in Lending Act.’; 
and 
‘‘(C) the sole matter after the resolving 
clause of which is as follows: ‘That the Con-
gress disapproves of any increase, pursuant to 
section 107 (f)(3) in the maximum annual per-
centage rate limitation applicable to any exten-
sion of credit under, or any outstanding balance 
on, any credit card account under an open end 
consumer credit plan, notice of which was 
transmitted to the Congress on lll by the 
Board of Governors of the Federal Reserve Sys-
tem’, the blank space being filled with the ap-
propriate date.’’. 
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SEC. 3. CAP ON CERTAIN CREDIT CARD ACCOUNT FEES. 
(a) IN GENERAL.—Chapter 3 of the Truth in Lend-
ing Act (15 U.S.C. 1661 et seq.) is amended by inserting 
after section 150 (as added by section 109(a) of the Credit 
Card Accountability Responsibility and Disclosure Act of 
2009) the following: new section: 
‘‘§ 151. Cap on certain credit card account fees. 
‘‘(a) IN GENERAL.—Except as provided in subsection 
(b), the amount of any fee that a card issuer may impose 
with respect to a credit card account under an open end 
consumer credit plan, including any fee for default or 
breach by a borrower of a condition upon which credit was 
extended, such as a late fee, creditor-imposed not suffi-
cient funds fee charged when a borrower tenders payment 
on a debt with a check drawn on insufficient funds, over-
draft fee, and over-the-limit transaction fee, or other 
charge that a card issuer may impose with respect to a 
credit card account under an open end consumer credit 
plan may not exceed $15. 
‘‘(b) EXCEPTION FOR FEES TAKEN INTO ACCOUNT 
UNDER SECTION 107(f)(2).—Subsection (a) shall not 
apply with respect to any fee taken into account pursuant 
to subsection (f)(2) of section 107.’’. 
(b) CLERICAL AMENDMENT.—The table of sections 
for chapter 3 of the Truth in Lending Act is amended 
by inserting after the item relating to section 150 (as 
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added by section 109(b) of the Credit Card Accountability 
Responsibility and Disclosure Act of 2009) the following 
new item: 
‘‘151. Cap on certain credit card account fees.’’. 
SEC. 4. CLARIFICATION OF COORDINATION WITH STATE 
LAW. 
The first sentence of section 111(a)(1) of the Truth 
in Lending Act (15 U.S.C. 1610(a)(1)) is amended by 
striking ‘‘the disclosure of information in connection 
with’’. 
SEC. 5. EFFECTIVE DATE. 
The amendments made by sections 2 and 3 shall take 
effect on the date of the enactment of this Act. 
Æ 
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