Rickey R. Hendon
- 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.
Effective Date January 1, 2004
Governor Approved
Public Act . . . . . . . . . 93-0287
Sent to the Governor
Added Alternate Co-Sponsor Rep. Wyvetter H. Younge
Passed Both Houses
Third Reading - Short Debate - Passed 116-000-000
Placed on Calendar Order of 3rd Reading - Short Debate
Added Alternate Chief Co-Sponsor Rep. Monique D. Davis
Second Reading - Short Debate
Added Alternate Co-Sponsor Rep. Annazette Collins
Added Alternate Co-Sponsor Rep. Charles E. Jefferson
Added Alternate Co-Sponsor Rep. Robert Rita
Added Alternate Chief Co-Sponsor Rep. Art Tenhouse
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Consumer Protection Committee; 007-000-000
Committee/3rd Reading Deadline Extended-Rule 9(b); May 31, 2003
Re-assigned to Consumer Protection Committee
Added Alternate Chief Co-Sponsor Rep. Eddie Washington
Assigned to Executive Committee
Referred to Rules Committee
First Reading
Chief House Sponsor Rep. Lovana Jones
Placed on Calendar Order of First Reading
Arrived in House
Senate Floor Amendment No. 2 Tabled Pursuant to Rule 5-4(a)
Senate Floor Amendment No. 3 Rules Refers to Executive
Senate Floor Amendment No. 3 Be Adopted Executive; 012-000-000
Recalled to Second Reading
Senate Floor Amendment No. 3 Adopted; Hendon
Placed on Calendar Order of 3rd Reading April 8, 2003
Third Reading - Passed; 055-000-000
Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
Third Reading Deadline Extended - Rule 2-10(e) to April 9, 2003.
Senate Floor Amendment No. 3 Referred to Rules
Senate Floor Amendment No. 3 Filed with Secretary by Sen. Rickey R. Hendon
Senate Floor Amendment No. 2 Rules Refers to Financial Institutions
Senate Floor Amendment No. 1 Postponed - Financial Institutions
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Rickey R. Hendon
Senate Floor Amendment No. 2 Referred to Rules
Senate Floor Amendment No. 1 Rules Refers to Financial Institutions
Placed on Calendar Order of 3rd Reading March 19, 2003
Second Reading
Senate Floor Amendment No. 1 Referred to Rules
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Rickey R. Hendon
Do Pass Financial Institutions; 009-000-000
Placed on Calendar Order of 2nd Reading March 11, 2003
Assigned to Financial Institutions
First Reading
Referred to Rules
Filed with Secretary by Sen. Rickey R. Hendon
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act | |
Senate Amendment 003 | |
Senate Amendment 002 | |
Senate Amendment 001 |
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