2001 Regular Session

SENATE BILL 470

File Code: Commercial Law - Consumer Protection Crossfiled with: HOUSE BILL 45
Sponsored By:
Senator Collins
Entitled:
Consumer Protection - Extensions of Credit to Students - Limitations

Synopsis:

Limiting the total amount of credit that may be extended by credit card issuers to students under the age of 23 years at institutions of higher education; prohibiting a credit card issuer from increasing the amount of credit that may be extended to the students under specified circumstances; prohibiting a credit card issuer from opening a credit card account for or issuing a credit card to the students under specified circumstances; and applying the Act.

History by Legislative Date

Senate Action
2/2
First Reading Finance
2/6
Hearing 2/21 at 1:00 p.m.
2/19
Hearing cancelled
2/26
Withdrawn
House Action
No Action
Bill indexed under the following Subjects:
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CREDIT
HIGHER EDUCATION -see also- COMM COLLEGES; MED SCHOOLS; etc.
STUDENTS
Bill affects the following Statute:
Commercial Law
( 13-319 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered