HB1647

Find a 2018 Bill:

2018 Regular Session

 

Entitled:

Commercial Law - Credit Card Processors - Service Agreements

Sponsored by:

Delegate Howard, S.

Status:

In the House - Hearing 3/07 at 1:00 p.m.


Synopsis:Requiring a credit card processor to send a summary of a certain services agreement to certain businesses; requiring the summary to include certain information; requiring a credit card processor to provide a certain notice regarding a services agreement renewal before a certain date; requiring the notice to disclose certain information; authorizing the Commissioner of Financial Regulation to take certain actions; establishing certain civil penalties for a violation of the Act; and defining certain terms.
Analysis:Not available at this time
All Sponsors:Delegates S. Howard, Rose, and Saab
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2018
Committee(s):
Economic Matters
Broad Subject(s):Commercial Law - Credit Regulation
Narrow Subject(s):Contracts -see also- Land Installment Contracts; Procurement
Credit
Disclosure
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Financial Regulation, Division of
Fines -see also- Penalties and Sentences
Interest
Notices
Penalties and Sentences -see also- Death Penalty
Statutes:Article - Commercial Law
(12-1401 through 12-1404)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


February 12, 2018 12:50 P.M.