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H.R. 1610

BillFederalHouseIn Committee
IRE Act
About This Bill
Committee
Latest Action · March 19, 2009
Referred to the House Committee on Financial Services.
Congress
111th (2009–2011)
Introduced
March 19, 2009
Cosponsors (0)
None
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Summary

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Interest Rate Equity Act or the IRE Act - Amends the Emergency Economic Stabilization Act of 2008 to prohibit any financial institution that receives assistance under the Troubled Asset Relief Program (TARP) from charging its customers more than 18% interest on credit card accounts.

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