The U.S. House of Representatives today voted 361 to 64 to approve a bill with that would codify and speed implementation of regulatory rules designed to rein in certain credit card practices. The Senate voted 90 to 5 to approve the bill yesterday (CardLine, 5/19), and President Obama has said he would like to sign it into law before Monday. The bill, known as the Credit Cardholders' Bill of Rights, would be effective nine months after the president's signature, which could be as early as next March. Among other things, it would ban double-cycle billing and universal default. The bill also goes further than regulatory rules set to go into effect in July of next year by restricting certain fees and by placing limits on offering cards to students and young borrowers.