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HB631 Alabama 2010 Session

Updated Jul 26, 2021
HB631 Alabama 2010 Session
House Bill
Expired
Current Status
Regular Session 2010
Session
1
Sponsor

Summary

Session
Regular Session 2010
Title
Credit cards, banks issuing, increasing interest rates or lowering credit lines prohibited more than once every 12 months
Description

Existing law does not prohibit banks that issue credit cards from increasing interest rates or lowering credit lines on the credit cards more than once every 12 months.

This bill would prohibit banks that issue credit cards from increasing interest rates or lowering credit lines on the credit cards more than once every 12 months.

Subjects
Banks and Banking

Bill Actions

Read for the first time and referred to the House of Representatives committee on Banking and Insurance

Bill Text

Documents

Source: Alabama Legislature