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S05665 Summary:
BILL NO | S05665A |
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SAME AS | SAME AS A00809-A |
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SPONSOR | FUSCHILLO |
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COSPNSR | |
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MLTSPNSR | |
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Add S515-a, Gen Bus L | |
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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. |