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2007 SESSION

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SB 104 Credit cards; prohibits issuer from increasing interest rate or imposing fee thereon.

Introduced by: Henry L. Marsh III | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Credit cards; universal defaults.  Prohibits a credit card issuer from increasing the interest rate or imposing a fee on a credit card account based on the cardholder's failure to make timely payment on another credit card account or other reasons not directly related to the cardholder's credit card account with the issuer.

FULL TEXT

• 01/09/06  Senate: Prefiled and ordered printed; offered 01/11/06 060467756  pdf

HISTORY

• 01/09/06  Senate: Prefiled and ordered printed; offered 01/11/06 060467756
• 01/09/06  Senate: Referred to Committee for Courts of Justice
• 01/16/06  Senate: Rereferred from Courts of Justice (13-Y 0-N)
• 01/16/06  Senate: Rereferred to Commerce and Labor
• 02/06/06  Senate: Continued to 2007 in Commerce and Labor (15-Y 0-N)
• 12/11/06  Senate: Left in Commerce and Labor