Lovana Jones
- Democratic
Amends the Credit Card Issuance Act. Provides that a credit card issuer who offers to an Illinois resident a credit card with a fixed annual percentage rate may not increase the annual percentage rate or rates of interest applicable to that credit card account, or prematurely remove or increase any introductory annual percentage rate or rates of interest applicable to the account, for reasons other than actions or omissions of the card holder that are directly related to the account and that are clearly and conspicuously described to the card holder at the time the credit card is issued. Effective immediately.
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Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Do Pass as Amended / Short Debate Financial Institutions Committee; 011-000-003
Placed on Calendar 2nd Reading - Short Debate
House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee
Motion Do Pass as Amended - Lost Financial Institutions Committee; 009-002-006
Remains in Financial Institutions Committee
Added Chief Co-Sponsor Rep. Kenneth Dunkin
Added Chief Co-Sponsor Rep. Mary E. Flowers
Assigned to Financial Institutions Committee
Referred to Rules Committee
First Reading
Filed with the Clerk by Rep. Lovana Jones
Bill Text Versions | Format |
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Introduced | HTML |
Document | Format |
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House Amendment 001 |
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