HOUSE BILL 1004

Sponsored By:

Delegates Conaway and Anderson

Entitled:

Credit Regulation - Application Fees for Credit Cards and Loans - Prohibited

Synopsis:

Prohibiting a person who offers a credit card or a consumer, business, or mortgage loan from charging an application, administrative, or processing fee to a person applying for the credit card or loan.

History by Legislative and Calendar Date

House Action

2/12

First Reading Economic Matters

3/3

Hearing 3/18 at 1:00 p.m.

3/24

Unfavorable Report by Economic Matters

Senate Action

No Action

Sponsored by:

Delegate Frank M. Conaway, Jr., District 40

Delegate Curt Anderson, District 43

Bill indexed under the following Subjects:

Credit

Fees -see also- Attys` Fees; Devt Fees & Taxes; Reimb Rates.

Loans -see also- Mortgages

Bill affects the following Statute:

Commercial Law

( 12-1201 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered

Committee Votes :

House

Economic Matters