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legislation: 96-hr-6928

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
96-hr-6928 96 hr 6928 Cash Discount Act Finance and Financial Sector 1980-03-26 1980-03-26 Referred to House Committee on Banking, Finance and Urban Affairs. House Rep. Annunzio, Frank [D-IL-11] IL D A000212 2 Cash Discount Act - Amends the Truth in Lending Act to provide that any discount, given by a seller to a buyer to induce payment in cash or by other means not involving a credit card, shall not constitute a finance charge. Repeals requirements that such a discount: (1) not exceed five percent; (2) be offered to all prospective buyers; and (3) be adequately disclosed in accordance with regulations of the Board of Governors of the Federal Reserve System. Repeals the authority of the Board to promulgate regulations characterizing cash discounts as finance charges under the Truth in Lending Act or State usury and credit disclosure laws. 2025-09-02T13:54:33Z  

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