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2022 SESSION

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HB 1052 Broadband providers and public utilities; late payment fees restricted.

Introduced by: Irene Shin | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Broadband providers and public utilities; late payment fees restricted. Prohibits a broadband provider or a public utility from charging (i) a residential customer a late payment fee or similar penalty that exceeds the lesser of 2.5 percent of the balance due or $5 or (ii) any interest on a residential customer's outstanding balance. The bill provides that "public utility" includes utilities that are not subject to the jurisdiction of the State Corporation Commission and that provide electric, gas, or water or wastewater service in the Commonwealth.


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