Bill Summary & Status
111th Congress (2009 - 2010)
S.AMDT.3989
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S.AMDT.3989
Amends: S.3217
Sponsor: Sen Durbin, Richard [IL] (submitted 5/12/2010) (proposed 5/12/2010)
AMENDMENT PURPOSE:
To ensure that the fees that small businesses and other entities are charged for accepting debit cards are reasonable and proportional to the costs incurred, and to limit payment card networks from imposing anti-competitive restrictions on small businesses and other entities that accept payment cards.
TEXT OF AMENDMENT AS SUBMITTED: CR S3651-3652
STATUS:
- 5/12/2010:
- Amendment SA 3989 proposed by Senator Dodd for Senator Durbin. (consideration: CR S3624-3625; text: CR S3625)
- 5/13/2010:
- Considered by Senate. (consideration: CR S3664, S3695-3698, S3703-3704, S3704-3705)
- 5/13/2010:
- Amendment SA 3989 as modified, under the order of 5/13/10 having achieved 60 votes in the affirmative, the amendment was agreed to in Senate by Yea-Nay Vote. 64 - 33. Record Vote Number: 149. (text as modified: CR S3703-3704)
COSPONSORS(3):
Sen Sanders, Bernard [VT]
- 5/13/2010
Sen Cardin, Benjamin L. [MD]
- 5/13/2010
Sen Whitehouse, Sheldon [RI]
- 5/13/2010
