Bill
Bill > H259
summary
Introduced
01/20/2015
01/20/2015
In Committee
01/20/2015
01/20/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
Relative to the prevention of credit card company unfair business practices. Consumer Protection and Professional Licensure.
AI Summary
This bill requires credit card companies and lenders to provide advance notice to consumers and any co-signers about the expiration of their credit agreements, including credit cards, credit sales, and open-ended credit plans, at least 120 days before the expiration date. This aims to prevent unfair business practices by ensuring consumers are aware of when their credit lines or agreements will end, giving them time to make necessary arrangements.
Committee Categories
Labor and Employment
Sponsors (6)
Dennis Rosa (D)*,
Brian Ashe (D),
Marjorie Decker (D),
Stephen DiNatale (D),
Timothy Madden (D),
Chris Walsh (D),
Last Action
Accompanied a study order, see H4578 (on 08/15/2016)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/189/H259 |
| Bill | https://malegislature.gov/Bills/189/H259.pdf |
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