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CT SB00721

Bill

Official Source

Status

Introduced

1/23/2015

Primary Sponsor

Robert Kane

Click for details

Origin

Senate

2015 General Assembly

AI Summary

  • Amends general statutes to require companies soliciting consumers for credit card balance transfers to disclose the existing credit limit on the credit card
  • Requires notification of the remaining balance available upon transfer
  • Referred to Committee on Banking
  • Introduced by Senator Kane, 32nd District, during the January 2015 session
  • Intended to prevent predatory credit card balance transfer practices

Legislative Description

An Act Concerning Disclosures For Credit Card Balance Transfers.

Last Action

Referred to Joint Committee on Banking

1/23/2015

Committee Referrals

Banking1/23/2015

Full Bill Text

No bill text available