•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 

A01870 Summary:

BILL NOA01870A
 
SAME ASSAME AS S01059-A
 
SPONSORLentol
 
COSPNSRColton
 
MLTSPNSRHeastie
 
Amd S413, Pers Prop L
 
Prohibits any issuer of a credit card, debit card or secured credit card from imposing a finance charge or fee upon a card holder who elects not to carry a credit balance or a minimum credit balance forward from one billing cycle to the succeeding next billing cycle; provides that no annual fee shall be charged, received or collected by the seller or a holder of a retail instalment credit agreement from a buyer based upon the fact that the buyer has elected to pay off all outstanding indebtedness during any grace period provided for in the retail installment credit agreement.
Go to top