House Bill NO. 677

By Representative(s) Taylor

AMEND by inserting the following new subsection (7) after line 137:

"(7) (a) A person must have signed an agreement to be responsible for paying any charges that are made to a credit card account before that person can be held liable to pay any charges that are made to the credit card account. If a person applies for a credit card in the name of his or her spouse and the spouse does not sign an agreement to be responsible for paying any charges that are made to the credit card account, then the spouse shall not be held liable to pay any charges that are made to the credit card account by the applicant for the credit card or by any other person.

(b) Any person in the immediate family of a credit card holder who is an authorized user of the credit card account does not need to sign an agreement to be responsible for paying any charges that are made to the credit card account, if the credit card holder has signed an agreement that he or she will be responsible for paying any charges that are made to the credit card account by the authorized user."

AMEND FURTHER the title by inserting the following after the semicolon on line 9:

"TO PROVIDE THAT A PERSON MUST HAVE SIGNED AN AGREEMENT TO BE RESPONSIBLE FOR PAYING ANY CHARGES THAT ARE MADE TO A CREDIT CARD ACCOUNT BEFORE THAT PERSON CAN BE HELD LIABLE TO PAY ANY CHARGES THAT ARE MADE TO THE CREDIT CARD ACCOUNT;"