I 
111TH CONGRESS 
1ST SESSION H. R. 3639 
To amend the Credit Card Accountability Responsibility and Disclosure Act 
of 2009 to establish an earlier effective date for various consumer protec-
tions, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 24, 2009 
Mrs. MALONEY (for herself, Mr. FRANK of Massachusetts, Ms. SCHAKOWSKY, 
Ms. SUTTON, Mr. CAPUANO, Ms. HIRONO, Mr. TIERNEY, and Mr. LEVIN) 
introduced the following bill; which was referred to the Committee on Fi-
nancial Services 
A BILL 
To amend the Credit Card Accountability Responsibility and 
Disclosure Act of 2009 to establish an earlier effective 
date for various consumer protections, and for other 
purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Expedited CARD Re-
form for Consumers Act of 2009’’. 
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SEC. 2. EARLIER EFFECTIVE DATE FOR THE CREDIT CARD 
ACT OF 2009, GENERALLY. 
Section 3 of the Credit Card Accountability Responsi-
bility and Disclosure Act of 2009 is amended by striking 
‘‘become effective 9 months after the date of enactment 
of this Act,’’ and inserting ‘‘take effect on December 1, 
2009,’’. 
SEC. 3. EARLIER EFFECTIVE DATES FOR SPECIFIC PROVI-
SIONS TO PREVENT FURTHER ABUSES. 
(a) REVIEW OF PAST CONSUMER INTEREST RATE 
INCREASES.—Section 148(d) of the Truth in Lending Act 
(15 U.S.C. 1665c(d)) (as added by section 101(c) of the 
Credit Card Accountability Responsibility and Disclosure 
Act of 2009) is amended— 
(1) by striking ‘‘9 months after the date of en-
actment of this section,’’ and inserting ‘‘December 1, 
2009,’’; and 
(2) by striking ‘‘become effective 15 months 
after that date of enactment’’ and inserting ‘‘take 
effect on December 1, 2009’’. 
(b) REQUIREMENT THAT PENALTY FEES BE REA-
SONABLE AND PROPORTIONAL TO THE VIOLATION.—Sec-
tion 149(b) of the Truth in Lending Act (15 U.S.C. 
1665d(b)) (as added by section 102(b) of the Credit Card 
Accountability Responsibility and Disclosure Act of 2009) 
is amended— 
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(1) by striking ‘‘9 months after the date of en-
actment of this section’’ and inserting ‘‘December 1, 
2009,’’; and 
(2) by striking ‘‘become effective 15 months 
after that date of enactment’’ and inserting ‘‘take 
effect on December 1, 2009’’. 
(c) GIFT CARD PROTECTIONS FOR CONSUMERS.— 
(1) IN GENERAL.—Section 403 of the Credit 
Card Accountability Responsibility and Disclosure 
Act of 2009 is amended by striking ‘‘become effec-
tive 15 months after the date of enactment of this 
Act,’’ and inserting ‘‘take effect on December 1, 
2009,’’. 
(2) REGULATIONS.—Section 915(d)(3) of the 
Electronic Fund Transfer Act (15 U.S.C. 1693l– 
1(d)(3)) (as added by section 401(2) of the Credit 
Card Accountability Responsibility and Disclosure 
Act of 2009) is amended by striking ‘‘9 months 
after the date of enactment of the Credit CARD Act 
of 2009’’ and inserting ‘‘December 1, 2009’’. 
Æ 
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