Bill Title: Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that any person providing goods or services who initiates a debit card preauthorization hold that is more than $2 shall disclose at the time and point of sale that a preauthorization hold will be placed on the customer's debit card account. Provides that if the dollar amount of the preauthorization hold is known by the person initiating the transaction, he or she shall disclose the dollar amount of the preauthorization hold to the customer. Provides that if the preauthorization hold is initiated at an unmanned remote terminal, service device, or gas pump, the disclosure of the preauthorization hold and amount shall be made in conspicuous type at a location proximate to the point of payment. Provides that a violation of the disclosure requirements constitutes an unlawful practice within the meaning of the Act.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee [HB1080 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Maurice West [D]	Primary	Sponsored Bills	HD-067	FollowTheMoney	Ballotpedia	VoteSmart

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