Wednesday, July 9, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

SB104: Credit cards; prohibits issuer from increasing interest rate or imposing fee thereon.

Chief Patron

Sen. Henry Marsh (D-16)

Henry Marsh (D-16)
Suite 301 Richmond, VA
Served: 1992–

Progress

Yes Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

Bill is Dead

View Entire History

Summary

Credit cards; universal defaults.  Prohibits a credit card issuer from increasing the interest rate or imposing a fee on a credit card account based on the cardholder's failure to make timely payment on another credit card account or other reasons not directly related to the cardholder's credit card account with the issuer.   View Full Text »

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Bill Text