I 115th CONGRESS 2d Session H. R. 6531 IN THE HOUSE OF REPRESENTATIVES July 25, 2018 Mr. Price of North Carolina introduced the following bill; which was referred to the Committee on Financial Services A BILL To strengthen the disclosure requirements for creditors under the Truth in Lending Act.

1. Short title This Act may be cited as the Online Credit Card Disclosure Act of 2018 . 2. Online payment timing disclosures Section 127(b)(11) of the Truth in Lending Act ( 15 U.S.C. 1637(b)(11) ) is amended— (1) in subparagraph (D)— (A) in clause (i), by striking ; and and inserting a semicolon; (B) in clause (ii), by striking the period and inserting ; and ; and (C) by inserting at the end the following new clause: (iii) if the consumer has an online account with the creditor under the consumer credit plan, be disclosed in a conspicuous and prominent location on an online interface of such creditor on which the consumer selects the amount the consumer will pay, including a webpage or mobile application. ; and (2) by adding at the end the following: (H) For purposes of subparagraph (D)(iii), the Bureau shall prescribe regulations defining conspicuous and prominent location , which shall be based on consumer testing. .