# 115-hr-5660: Small Business Credit Card Act of 2018

115-hr-5660, Small Business Credit Card Act of 2018, is a 115th Congress bill sponsored by NITA LOWEY (D-NY); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-5660
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-5660
- Congress: 115
- Title: Small Business Credit Card Act of 2018
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2018-04-27
- Sponsor: NITA LOWEY (D-NY)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Small Business Credit Card Act of 2018 This bill amends the Truth in Lending Act to extend to qualified small businesses credit card protections currently provided to consumers, including limitations and disclosures regarding fees and interest rates. The bill defines "qualified small business" as any business concern having 50 or fewer employees, whether or not: (1) the credit card account is in the name of an individual or a business entity, and (2) any credit transaction involving such account is for business or personal purposes. A qualified small business may elect to opt out of such coverage. A creditor is prohibited from: (1) discriminating against a qualified small business in connection with any credit card account; or (2) requiring any qualified small business to make an opt-out election as a condition for opening a credit card account, or for providing more advantageous terms for such an account.

## Related bills

- 115-hr-7291: GLOBE Act of 2018
- 115-hr-7293: To designate the facility of the United States Postal Service located at 770 Ayrault Road in Fairport, New York, as the "Louise and Bob Slaughter Post Office".
- 115-hr-7264: Making further additional continuing appropriations for fiscal year 2019, and for other purposes.
- 115-hr-7228: Reproductive Rights are Human Rights Act of 2018
- 115-hr-7108: To designate the Department of Veterans Affairs community clinic in New City, New York, as the "Jerry Donnellan VA Community Clinic".
- 115-hr-7107: Shirley Chisholm Congressional Gold Medal Act

## Sources
- [115-hr-5660 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/5660)

## Related
- [115-hr-7291: GLOBE Act of 2018](https://policyrisk.com/legislation/115-hr-7291)
- [115-hr-7293: To designate the facility of the United States Postal Service located at 770 Ay…](https://policyrisk.com/legislation/115-hr-7293)
- [115-hr-7264: Making further additional continuing appropriations for fiscal year 2019, and f…](https://policyrisk.com/legislation/115-hr-7264)
- [115-hr-7228: Reproductive Rights are Human Rights Act of 2018](https://policyrisk.com/legislation/115-hr-7228)
- [115-hr-7108: To designate the Department of Veterans Affairs community clinic in New City, N…](https://policyrisk.com/legislation/115-hr-7108)
- [115-hr-7107: Shirley Chisholm Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-7107)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-5660 (as of 2025-11-18).