Legislation

Requiring a credit card processor to send a services agreement summary to businesses with whom it has, or intends to have, a services agreement; requiring a business to acknowledge a services agreement by signing, dating, and returning a copy of the summary of the services agreement to the credit card processor; requiring a credit card processor to provide written notice regarding a services agreement renewal 90 days before a business entity must cancel the agreement to prevent automatic renewal; applying the Act; etc.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): October 1, 2018

History

Legislation History
Chamber House Calendar Date 2/09/2018 Legislative Date 2/09/2018 Action First Reading Economic Matters Proceedings
Chamber House Calendar Date 2/09/2018 Legislative Date 2/09/2018 Action Hearing 3/07 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 Click to view Recorded Media
Chamber House Calendar Date 3/17/2018 Legislative Date 3/17/2018 Action Favorable with Amendments Report by Economic Matters Proceedings
Chamber House Calendar Date 3/17/2018 Legislative Date 3/13/2018 Action Favorable with Amendments {753592/1 Adopted Proceedings 47AClick to view Recorded Media
Chamber House Calendar Date 3/17/2018 Legislative Date 3/13/2018 Action Second Reading Passed with Amendments Proceedings 47AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Commercial Law - Credit Card Processors - Service Agreements Proceedings
Chamber House Calendar Date 3/19/2018 Legislative Date 3/14/2018 Action Third Reading Passed (135-0) Proceedings 48 Click to view Recorded Media
Chamber Senate Calendar Date 3/19/2018 Legislative Date 3/16/2018 Action Referred Finance Proceedings 48BClick to view Recorded Media
Chamber Senate Calendar Date 3/21/2018 Legislative Date 3/21/2018 Action Hearing 3/29 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/09/2018	2/09/2018	First Reading Economic Matters
House	2/09/2018	2/09/2018	Hearing 3/07 at 1:00 p.m.
			Text - First - Commercial Law - Credit Card Processors - Service Agreements
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/17/2018	3/17/2018	Favorable with Amendments Report by Economic Matters
House	3/17/2018	3/13/2018	Favorable with Amendments {753592/1 Adopted	47AClick to view Recorded Media
House	3/17/2018	3/13/2018	Second Reading Passed with Amendments	47AClick to view Recorded Media
			Text - Third - Commercial Law - Credit Card Processors - Service Agreements
House	3/19/2018	3/14/2018	Third Reading Passed (135-0)	48 Click to view Recorded Media
Senate	3/19/2018	3/16/2018	Referred Finance	48BClick to view Recorded Media
Senate	3/21/2018	3/21/2018	Hearing 3/29 at 1:00 p.m.

File Code

Subjects

Statutes