15 U.S.C. § 1646: Dissemination of annual percentage rates; implementation, etc.

The Bureau shall collect, publish, and disseminate to the public, on a demonstration basis in a number of standard metropolitan statistical areas to be determined by the Bureau, the annual percentage rates charged for representative types of nonsale credit by creditors in such areas. For the purpose of this section, the Bureau is authorized to require creditors in such areas to furnish information necessary for the Bureau to collect, publish, and disseminate such information. The Bureau shall collect, on a semiannual basis, credit card price and availability information, including the information required to be disclosed under section 1637(c) of this title , from a broad sample of financial institutions which offer credit card services. the 25 largest issuers of credit cards; and an equitable geographical distribution within the sample; and the representation of a wide spectrum of institutions within the sample. Each financial institution in the broad sample established pursuant to paragraph (2) shall report the information to the Bureau in accordance with such regulations or orders as the Bureau may prescribe. make the information collected pursuant to this subsection available to the public upon request; and report such information semiannually to Congress. The Bureau is authorized to enter into contracts or other arrangements with appropriate persons, organizations, or State agencies to carry out its functions under subsections (a) and (b) and to furnish financial assistance in support thereof.