HB 2359 Summary

• Prohibits credit card marketers from offering gifts or promotional incentives to solicit credit card applications on campuses of Arizona universities under the Board of Regents.

• Extends the same prohibition to community colleges under the jurisdiction of community college districts.

• Exempts on-campus bank or credit union offices from the restriction, allowing them to solicit credit card applications at their physical locations on campus.

• Defines "credit card marketer" as any person, corporation, financial institution, or business entity that promotes, offers, or accepts credit card or consumer credit applications.