HB631 Alabama 2010 Session
In Committee
Bill Summary
Sponsors
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.
To 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
| Action Date | Chamber | Action |
|---|---|---|
| February 25, 2010 | Read for the first time and referred to the House of Representatives committee on Banking and Insurance |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB631 Alabama 2010 Session - Introduced |
Source: Alabama Legislature