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A00809 Summary:

BILL NOA00809A
 
SAME ASSAME AS S05665-A
 
SPONSORRivera P (MS)
 
COSPNSRDestito, Pheffer, Cohen A, Alfano, Jacobs, Greene, Espaillat, Boyland, Zebrowski, Camara
 
MLTSPNSRArroyo, Barra, Benedetto, Brennan, Clark, Colton, Diaz R, Grannis, Hikind, Lafayette, Lavelle, Lopez, McEneny, Millman, O'Donnell, Ortiz, Peoples, Rivera J, Robinson, Towns, Weisenberg, Wright
 
Add S515-a, Gen Bus L
 
Prohibits the issuer of a credit card from increasing the rate of interest or imposing a fee on the account of a holder who has made timely payments and in the minimum amounts required, based on such holder's indebtedness or failure to make timely payments to another creditor; violation of such prohibition shall constitute a misdemeanor.
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