Legislation

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 Click to view Recorded Media

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 Click to view Recorded Media
Chamber House Calendar Date 3/17/2017 Legislative Date 3/17/2017 Action Withdrawn by Sponsor Proceedings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	Click to view Recorded Media
House	3/17/2017	3/17/2017	Withdrawn by Sponsor

File Code

Subjects

Statutes