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FRS RIN: 7100-AD42 Publication ID: Fall 2010 
Title: ●Regulation Z--Truth in Lending Act (Docket No: R-1370) 
Abstract: On May 22, 2009, the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit Card Act) was signed into law. Public Law No. 111-24, 123 Stat. 1734 (2009). The Credit Card Act primarily amended the Truth in Lending Act (TILA) and created a number of new substantive protections and disclosure requirements for open-end (revolving) consumer credit plans. The provisions of the Credit Card Act that the Board was required to implement under TILA became effective in three stages: August 20, 2009; February 22, 2010; and August 22, 2010. On July 15, 2009, the Board issued an interim final rule amending Regulation Z (Truth in Lending), to implement provisions of the Credit Card Act that became effective on August 20, 2009, 74 FR 36077 (July 22, 2009)(Docket No. R-1364). In October 2009, the Board published a proposed rule amending Regulation Z (Truth in Lending) to finalize the July 2009 interim final rule and implement additional provisions of the Credit Card Act that became effective on February 22, 2010, 74 FR 54124. In January 2010, the Board issued a final rule based on the October 2009 proposal (75 FR 7658). 
Agency: Federal Reserve System(FRS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 226   
Legal Authority: 12 USC 1601 et seq   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Board Issued Final Rule on   02/22/2010  75 FR 7658   
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses, Organizations  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: Yes 
Agency Contact:
Amy Henderson
Senior Attorney
Federal Reserve System
Phone:202 452-3667