Bill Text: CT SB00721 | 2015 | General Assembly | Introduced
Bill Title: An Act Concerning Disclosures For Credit Card Balance Transfers.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2015-01-23 - Referred to Joint Committee on Banking [SB00721 Detail]
Download: Connecticut-2015-SB00721-Introduced.html
General Assembly |
Proposed Bill No. 721 |
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January Session, 2015 |
LCO No. 1918 | ||||
*01918* | |||||
Referred to Committee on BANKING |
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Introduced by: |
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SEN. KANE, 32nd Dist. |
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AN ACT CONCERNING DISCLOSURES FOR CREDIT CARD BALANCE TRANSFERS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to require that any company soliciting consumers for the purchase of a credit card balance transfer shall notify the consumer of the existing credit limit on such credit card and the remaining balance available upon transfer.
Statement of Purpose: