92nd General Assembly
Status of HB5840
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 Full Text  Bill Summary

   815 ILCS 140/7.3 new                                                        

        Amends the Credit Card Issuance Act. Provides that a credit  card      
   issuer  may  not  increase  the  annual  percentage  rate  or rates of      
   interest applicable to a credit card account, or  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 October 1, 2002.                       
   FEB-07-2002  H  FILED WITH CLERK                                               
   FEB-07-2002  H  FIRST READING                                                  
   FEB-07-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-13-2002  H       ASSIGNED TO COMMITTEE               FIN INSTIT            
   FEB-21-2002  H  DO PASS/STANDARD DEBATE                  011-001-006   HFIN    
   FEB-21-2002  H  PLACED CAL 2ND READING-STANDARD DEBATE                         
   MAR-22-2002  H  SECOND READING-STANDARD DEBATE                                 
   MAR-22-2002  H  HELD CAL ORDER 2ND READING-STANDARD DBT                        
   APR-05-2002  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary