PlainBillCongress, translated.Legislation. Context. Public interest.Sponsor introductory remarks on measure. (CR E2439)
Congressional Research Service
Version 00 · Introduced in House · Oct 25, 1999
College Student Credit Card Protection Act - Amends the Truth in Lending Act to limit the total credit extended under a credit card account to a full time, traditional-aged college student (unless the student's parent or guardian assumes joint liability) to the greater of: (1) 20 percent of the students' most recent annual gross income; or (2) the product of $500 and the number of years since the account was opened (but not more than $2,000). Provides that "traditional-aged" is to be determined by the educational institution involved. Prohibits increasing the credit limit on an account for which a parent or guardian has assumed joint liability without the parent's or guardian's approval of such increase.Prohibits a creditor from opening a credit card account for any full time, traditional-aged college student who has no annual gross income and already has a credit card account under an open end consumer credit plan.Requires that mandated disclosures in any open end consumer credit application and solicitation be in a typeface at least as large as the largest typeface otherwise used in the application or solicitation.
People & committees
Rep. Slaughter, Louise McIntosh [D-NY-28] · D–NY
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Sponsor introductory remarks on measure. (CR E2439)
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Referred to the House Committee on Banking and Financial Services.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 20, 2025. Consult Congress.gov for the current record.
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