A bill to amend the Federal Trade Commission Act to provide that violations, by retail credit card issuers, of certain State laws relating to credit card transactions shall be treated as unfair or deceptive acts or practices subject to the remedies established in such Act, and for other purposes.

Amends the Federal Trade Commission Act to provide that the following actions by a credit card issuer which is subject to the authority of the Federal Trade Commission shall be considered an unfair or deceptive act or practice in or affecting commerce: (1) violation of any State law relating to the issuance of credit cards; (2) violation of the terms of any credit transaction agreement; and (3) the attempt to impose or enforce additional or modified terms affecting any outstanding balance pursuant to such an agreement without obtaining the express written consent of the credit card holder.