Mississippi Legislature

2000 Regular Session

Senate Bill 2696

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Bill Text

History of Actions

Background

Title

Description: Credit cards; issuers may offer products and services agreed to by the debtor.

Bill Text: [Introduced] [Committee Substitute] [Passed Senate]

History of Actions:

102/11/00(S)Referred To Business and Financial Institutions
202/22/00(S)Title Suff Do Pass Comm Sub
303/13/00(S)Committee Substitute Adopted
403/13/00(S)Passed
503/15/00(S)Transmitted To House
603/16/00(H)Referred To Banks and Banking
704/04/00(H)Died In Committee

Background Information:

Effective dateJuly 1, 2000
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

Senate Committee:

House Committee:

Principal Author: Mettetal

Code Section: A 075-0017-0019

Title: AN ACT TO AMEND SECTION 75-17-19, MISSISSIPPI CODE OF 1972, TO AUTHORIZE MISSISSIPPI BANKS, RETAIL SELLERS, LENDERS AND OTHER ISSUERS OF CREDIT CARDS TO PROVIDE IN THE WRITTEN CREDIT CARD AGREEMENT FOR ANY PRODUCTS, SERVICES, CHARGES AND FEES AS THE ISSUER AND THE DEBTOR MAY AGREE UPON; TO REQUIRE CREDIT CARD ISSUERS TO PROVIDE 30 DAYS' NOTICE TO DEBTORS OF ANY MODIFICATION OF ANY TERM OF THE CREDIT CARD ACCOUNT; TO DELETE THE MAXIMUM AMOUNT FOR LATE PAYMENT CHARGES THAT MAY BE CHARGED ON DELINQUENT PAYMENTS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/04/00 at 17:03.



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