H.R. 5465

To repeal section 1075 of the Consumer Financial Protection Act of 2010 relating to rules for payment card transactions, and for other purposes.

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I

114th CONGRESS

2d Session

H. R. 5465

IN THE HOUSE OF REPRESENTATIVES

June 14, 2016

Mr. Neugebauer introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To repeal section 1075 of the Consumer Financial Protection Act of 2010 relating to rules for payment card transactions, and for other purposes.

1.

Repeal of rules for payment card transactions

(a)

In general

Section 1075 of the Consumer Financial Protection Act of 2010 is hereby repealed and the provisions of law amended by such section are revived or restored as if such section had not been enacted.

(b)

Clerical amendment

The table of contents under section 1(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act is amended by striking the item relating to section 1075.