Tracking Virginia’s General Assembly
since 2007.
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
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
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 »

