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CT HB05296

Bill

Official Source

Status

Passed

5/26/2016

Primary Sponsor

Banking Committee

Click for details

Origin

House of Representatives

2016 General Assembly

AI Summary

  • Effective October 1, 2016, gas stations and convenience stores that accept credit or debit cards for gasoline sales are prohibited from placing holds on card accounts exceeding the actual purchase amount
  • Prohibits third parties from placing such holds as well
  • Requires conspicuous notice in large type displayed at the point of payment before the consumer completes their purchase
  • Applies only to retail gasoline sales at gas stations and convenience stores

Legislative Description

An Act Concerning Credit And Debit Holds.

Last Action

Signed by the Governor

5/26/2016

Committee Referrals

Banking2/18/2016

Full Bill Text

No bill text available