H.R. 6620 · 110th Congress
Gas Pump Fair Payment Act of 2008
- Stage
- In committee
- Sponsor
- Stephen Lynch
- Introduced
- 2008-07-24
- Latest action
- 2008-07-24 · Introduced in House
Summary
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.