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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Commercial Law - Credit Card Processors - Service Agreements
Sponsored by
Delegates S. Howard, Carey, Clark, Fisher, Impallaria, Jacobs, Lisanti, Malone, Mautz, McConkey, W. Miller, Saab, Simonaire, and Sophocleus
Status
In the House - Unfavorable Report by Economic Matters; Withdrawn
Analysis
Fiscal and Policy Note
Synopsis
Prohibiting a specified services agreement between a credit card processor and a business entity from including a specified provision authorizing liquidated damages or specifying a fee for the termination of a services agreement that exceeds $99; prohibiting a credit card processor who has received a specified termination notice from debiting or accessing the bank account of a specified business entity after a specified period of time; authorizing the Commissioner of Financial Regulation to take specified actions; etc.
Committees
Original:
Economic Matters  
Details
Cross-filed with: SB1098
Bill File Type: Regular
Effective Date(s): October 1, 2017
History
Legislation History
Chamber
House
Calendar Date
2/10/2017
Legislative Date
2/10/2017
Action
First Reading Economic Matters
Proceedings
Chamber
House
Calendar Date
2/10/2017
Legislative Date
2/10/2017
Action
Hearing 3/10 at 1:00 p.m.
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Text - First - Commercial Law - Credit Card Processors - Service Agreements
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Vote - House - Committee - Economic Matters
Proceedings
Chamber
House
Calendar Date
3/17/2017
Legislative Date
3/17/2017
Action
Unfavorable Report by Economic Matters; Withdrawn
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/10/2017 2/10/2017 First Reading Economic Matters
House 2/10/2017 2/10/2017 Hearing 3/10 at 1:00 p.m.
Text - First - Commercial Law - Credit Card Processors - Service Agreements
Vote - House - Committee - Economic Matters
House 3/17/2017 3/17/2017 Unfavorable Report by Economic Matters; Withdrawn
File Code
Subjects
Statutes
(   12-1401 through 12-1404 )
Last Updated: 2/3/2020 2:32 PM