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Full Text of this Amendment
On page 14, lines 20 and 21, after ``creditor.'' insert the following:
``(m) No Interest Charges on Fees.--With respect to a credit card account under an open end consumer credit plan, if the creditor imposes a transaction fee on the obligor, including a cash advance fee, late fee, over-the-limit fee, or balance transfer fee, the creditor may not impose or collect interest with respect to such fee amount.''.
(As printed in the Congressional Record for the Senate on May 13, 2009.)