According to the CFPB’s updated rulemaking agenda, proposed rules for GPR cards will not be issued until May 2014. The CFPB originally anticipated the release of the proposed rules by the end of 2013. The agenda also states that the CFPB has begun consumer testing of model disclosure forms. No additional details were provided.

Several sources have reported that, versus the earlier ANPR (Advanced Notice of Proposed Rulemaking), the NPR will cover prepaid products beyond GPR.

More information may be found here.